Anglo American iron ore may exceed 150 mln/T by 2020
Last Update: 14/12/2010 12:44:56
DUBAI (Reuters) - Global miner Anglo American's iron ore output capacity could rise to above 150 million tonnes by 2020, an executive said on Tuesday, foreseeing a steady growth in crude steel production. "Ramp ups and conceptual projects could raise (iron ore) capacity to in excess of 150 million tonnes per year by 2020 ," Robert Brownlee, general manager for Europe and MENA at subsidiary Kumba International Trading, told a Metal Bulletin steel and iron ore conference in Dubai. "We are confident that we will have the demand for it." Anglo's total iron production stands at 45 million tonnes, Brownlee said. "Projects in implementation or approved will push the capacity to around 80 million tonnes per annum," he said, adding this could happen by 2013.
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World - Anglo American iron ore may exceed 150 mln/T by 2020