Brazil’s MMX mining group has signed a services and engineering contract with the Australian company WorleyParsons worth $147 million to undertake expansion of its Serra Azul facilities. This will involve a new iron ore processing plant, a rail terminal and a 10km- long conveyor system linking the plant to the rail terminal. The objective is to boost overall production from the present level of 8.7mt (million tonnes) per year to 24mt.
BC