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ArcelorMittal is investing BRL 2.0 billion ($389.86 million) to build a new pellet feed production plant at the Serra Azul mine in Minas Gerais, increasing capacity from 1.6 million to 4.5 million mt per year.
“The Serra Azul mine, also located in the Minas Gerais state, is receiving BRL 2.0 billion ($389.86 million) for the set-up of a new pellet feed production plant, increasing the capacity from 1.6 million mt to 4.5 million mt per year.”steelorbis.com
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