# ArcelorMittal builds new pellet feed plant at Serra Azul mine in Brazil

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.

- Type: New facility
- Announced: 2024-05-03
- Where: Serra Azul mine, Minas Gerais, Brazil
- Value: $389.9M
- Status: announced
- Capacity: 4.5 million mt per year pellet feed
- Products: pellet feed
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [ArcelorMittal](https://endata.com/companies/292.md)

## Sources

- [steelorbis.com](https://www.steelorbis.com/steel-news/latest-news/arcelormittal-maintains-expansion-plans-in-brazil-1338520.htm), 2024-05-03: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.