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Property NewsMarch 31, 2011 Anglo American announced that it has delivered first production on schedule from its Barro Alto nickel project in Brazil. December 13, 2006 Announced the approval of the Barro Alto nickel project in Brazil, at an estimated capital cost of $ 1.2 billion. Barro Alto will produce an average of 36,000 tonnes of nickel per year in the form of ferronickel over a minimum 26 year mine life. Construction of the Barro Alto facilities is scheduled to begin in 2007 with production commencing in 2010 and ramping up to full capacity during 2011. December 29, 2004 London-based natural resources group Anglo American has plans to invest USD1 billion over the next two years to increase production of nickel, gold and industrial phosphates in Brazil, BNamericas.com reports local daily Valor Econômico as writing. The lion's share of investment, or USD700 million, is earmarked to develop the Barro Alto base metals deposit in central Brazil's Goiás state, according to Nelson Reis, president of Anglo American operations in Brazil.
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