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Anglo may raise Brazil iron ore capacity to 29 mln T/Y by 2018-20

Reuters - UK Focus

BELO HORIZONTE, BRAZIL, May 11 (Reuters) - Anglo American (LSE: AAL.L - news) could increase production of iron ore from its Minas-Rio mine in Brazil to 29 million tonnes per year by 2018-2020, the chief executive of iron ore in Brazil said on Monday.

Such an increase would be 9.4 percent more than the mine's currently expected capacity of 26.5 million tonnes a year. (Reporting by Stephen Eisenhammer; Editing by Grant McCool)