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feldene discontinued Minas Rio is one Anglo American's flagship projects but has suffered construction delays and cost overruns that have more than tripled the project's budget and delayed its startup to the end of 2014. The project was about 82% complete as of November, and only three out of the 400 or so licenses are still outstanding, according to Anglo American executives. The company received a key license to start up its power line last Friday and expects to receive the remaining three operating licenses in July, as expected, Mr. Castellari said.