Iron ore price, page-6056

https://news.mongabay.com/2018/04/anglo-american-iron-ore-pipeline-suffers-second-rupture-in-brazil/

Anglo American iron ore pipeline suffers second rupture in Brazil

• A rupture of an Anglo American Brasil pipeline in Minas Gerais state spilled 318 tons of iron ore on 12 March. That has been followed by a second spill of 647 tons of mining material on 29 March into the Santo Antônio do Grama River and nearby pastureland.
• The pipeline is currently waiting for licensing approval in order to begin expansion of the Sapo iron mine, part of the Minas-Rio Project.
• The 529 kilometer (328 mile) mineral duct links the Sapo mine, located near the town of Conceição Mato Dentro, to the Atlantic Ocean export terminal Port of Açu, in São João da Barra, Rio de Janeiro.
• IBAMA, Brazil’s environmental agency, has charged the company with several environmental violations and slapped it with a fine of R$ 72.6 million (US$ 21.1 million). The duct is currently shut down pending a report from Anglo American certifying the operation’s safety.