10 December 2010
Anglo American secures key licence for Minas-Rio iron ore project
Anglo American announces that it has secured a key licence for the development of its Minas-Rio iron ore project in Brazil. The award of the second part of the Mine Installation Licence (“Mine LI part 2”) was granted by SUPRAM, the Minas Gerais state agency responsible for environmental licensing, on 9 December 2010 and marks a major achievement on the critical path for delivery of the Minas-Rio project.
The award of the Mine LI part 2 enables Anglo American to begin the civil construction works for the beneficiation plant and the tailings dam and begin the construction of the mine. It is expected that the civil works will start in March 2011, after the rainy season and, as previously stated, it should take between 27 and 30 months from that time to construct and commission the mine and plant, complete the project and deliver the first ore on ship.
As the development of the project progresses, there will be a number of other licences and permits to be obtained, but the Mine LI part 2 allows Anglo American to make further substantial progress towards the delivery of this world class iron ore project which includes a mine, a beneficiation plant, a 525km slurry pipeline and a port facility.
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United Kingdom
James Wyatt-Tilby, Media Relations
Tel: +44 (0)20 7968 8759
Caroline Metcalfe, Investor Relations
Tel: +44 (0)20 7968 2192
Leisha Wemyss, Investor Relations
Tel: +44 (0)20 7968
8607
South Africa
Pranill Ramchander, Media Relations
Tel: +27 (0)11 638 2592
Anna Mulholland, Investor Relations
Tel: +27 (0)11 373 6683
Kgapu Mphahlele, Investor Relations
Tel: +27 (0)11 373 6239
Notes to editors:
Anglo American plc is one of the world’s largest mining
companies, is headquartered in the UK and listed on the London and
Johannesburg stock exchanges. Anglo American’s portfolio of
mining businesses spans precious metals and minerals – in
which it is a global leader in both platinum and diamonds; base
metals – copper and nickel; and bulk commodities – iron
ore, metallurgical coal and thermal coal. Anglo American is
committed to the highest standards of safety and responsibility
across all its businesses and geographies and to making a
sustainable difference in the development of the communities around
its operations. The company’s mining operations and extensive
pipeline of growth projects are located in southern Africa, South
America, Australia, North America and Asia.
www.angloamerican.com
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