Commodities Buzz: Anglo American ordered to halt Brazil ops again after leak

Brazilian environmental regulators ordered miner Anglo American Plc to halt operations in the country following a pipeline leak. Anglo American had previously suspended mining operations in its Minas-Rio system in Brazil, which transports iron ore from the companys mine and processing facility in the state of Minas Gerais to a port in the state of Rio de Janeiro, between March 12 and March 27 following a previous leak.

"The event led the company to paralyze the process of resuming iron ore transportation," Anglo American said in a statement. "The company will also put employees on paid leave." The pipeline carries a mixture of iron ore concentrate and water. The statement did not give any further information on the accident nor say when operations were expected to resume. A document by Brazilian environmental watchdog Ibama seen by Reuters said Anglo American would only be allowed to resume operations once it demonstrates the pipelines security.