Companhia Vale do Rio Doce intends to acquire new mines and mining companies in the next months with the purpose of expanding its iron ore output, that up to 2010 shall increase from the current 300 million tons to 450 million, a 50% increase. The information was given by the general director for Maintenance of the company, Marcelo Perpetuo, during the presentation of an off road Volvo truck that is part of a lot of 104 units bought by the mining company. According to the executive, there will be heavy investments in all of the company, including the duplication of many stretches in Carajás RR and construction of cross yards Vitoria a Minas RR.
The Fábrica Nova Mine, located in Mariana (MG), where the truck was presented, is part of a set of mines in the state that, in the total, produces 200 million tons of iron ore per year. This mine has already passed through an expansion and at the moment the activity is so intense that the lines of ore trucks frequently extend for kilometers. Perpetuo confirmed that of the total of 330 million tons that will be produced this year, 90% will be from CVRD mines.
CVRD plans to acquire new mines
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