Outotec and the Brazilian mining company MMX Mineração e Metálicos S.A. have signed a contract for the filter technology delivery to the expansion of the Serra Azul iron ore processing facility in Minas Gerais, Brazil. The parties do not disclose the contract value, but deliveries of this scope are typically worth of some tens of millions of Euros.

Growing demand looks to bring about an evolution in the US iron industry, despite North America having historically been a modest iron ore producing and consuming region, according to a new report by mining analysts GBI Research. The new report states that increasing regional demand for steel is boosting iron ore production, made possible by the area’s huge natural resources.