Researched by Industrial Info Resources (Sugar Land, Texas) -- International miner Anglo American plc (London, England), through its subsidiary Anglo Ferrous Minas-Rio Mineracao SA (Conceicao do Mato Dentro, Brazil), is advancing with construction of its Minas-Rio iron ore mine, located in Minas Gerais state in southern Brazil. The company has announced that the project has 5.77 billion tons of resource and is targeting first ore on ship (FOOS) in late 2014.