Apolo iron ore project is project iron ore mine exploration located near the cities of Caete and Santa Barbara in the state of Minas Gerais.

This project is one of exploration of a real potential iron ore mine for Brazil. The company managing and exploration this mine is Companhia Vale do Rio Doce.

To increase result of exploration of iron ore mine in location of this mine, company does invesment $22 billion. The company hopes and plans, iron ore mine exploration.

The company hopes invesment which have been able to increase iron ore mine product and exploration about 24 million tons of iron ore per year.

SOURCE: Industrial Info Resources

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