Tag: Jambreiro

International iron ore company Centaurus Metals revised the development plan for its flagship Jambreiro Iron Ore Project in south‐east Brazil after production commenced at the facility at 1Mtpa with the ability to subsequently increase to 2–3Mtpa. This revised development strategy is expected to result in a substantial reduction in pre‐production capital, enabling Centaurus to commence development with significantly less financing risk and in the shortest possible timeframe to take advantage of continued strong iron ore prices.