Vale Gets Permit for 20 Million-Ton-a-Year Iron-Ore Deposit
Rio de Janeiro-based Vale received the concession to work at a mine in the municipality of Mariana, according to statement in Brazil’s official gazette today. The permit will allow an estimated 20 million metric tons of iron-ore production per year on reserves of 64.9 million tons, it said.
http://www.bloomberg.com/news/2013-05-28/vale-gets-concession-for-minas-gerais-iron-ore-deposit.html
