ArcelorMittal: update on mine in Brazil

(CercleFinance.com) - Arcelormittal Brazil operates the Serra Azul mine located in Itatiaiuçu, in the state of Minas Gerais, Brazil.

It produces 1.2 million tonnes of concentrate and lump ore.

In February 2019, Serra Azul introduced a preventive evacuation of the local community, based on new safety analysis factors following recent incidents in the Brazilian mining sector.

"The main priority is to ensure that the residents are safe. The residents have been moved into temporary accommodation," the group said.

Sebastião Costa, Chairman and CEO of Mining Brazil, said, "We had acted swiftly in February to ensure that there was no risk to the community surrounding the Serra Azul dam. We will be doing everything in our power to support the families impacted by this latest decision, considering that is our priority to operate in safety first manner at all times."


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