Brazilian manganese miner Buritirama unveils nearly US$200mn plan
Brazilian manganese miner Buritirama Mineração announced a plan to invest 1bn reais (US$190mn) in the next five years.
With annual production of 2.5Mt manganese, Buritirama intends to increase output at its Pará state mine by up to 300,000t/y through investments in the sintering plant to process tailings and low-grade ores.
The company said it also plans new projects in the states of Rondônia, Amazonas, Minas Gerais and Bahia. "These are deposits with medium-sized reserves, but which have the capacity to significantly expand the company's production in the coming years," chairman João Araújo said in a release.
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News in: Mining & Metals (Brazil)
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