Minas-Rio is an iron ore mining project in Minas Gerais state, Brazil.
[1] It is one of the world's largest mining projects, and is initially expected to export 26.5 million tonnes of iron ore in 2013, through a 525 km slurry pipeline to a port at Açu;[2] production potential is 53 Mtpa or higher.
[3] The project was bought by Anglo American PLC, which is facing high costs.
[4][5] The mine has certified reserves of 4.6 billion tonnes of itabirite.
[6] There have been delays in starting the project, but in December 2010, Anglo American obtained a key license needed from Brazilian government before mining could start.