Brazilian BAMIN iron ore mine to raise output to 26 mil mt/year in 42 ...
MinasRio produced million mt of iron ore in 2021, Anglo reported Jan. 27. BAMIN's C1 product cash cost on the ship (FOB) in Brazil should be 20/mt after the railway is completed, Sobotka said. Seaborne iron ore prices shot up Jan. 28 on a positive midterm demand outlook.