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      "text": "Gelado project: Pellet feed production from Gelado dam tailings recovery, with start-up by 2H22. S11D 100 Mtpy project: Purchase and repower of equipment, with start-up by 2H22. Serra Sul 120 project: Flexibility in medium term and production growth in long term, with start-up by 2H24. Usina 1 conversion to dry processing: Conversion expected for 2025, increasing site's mass recovery and productivity. Opening of new mining fronts in Serra Norte: N3 mining front start-up by 2023 and N1/N2 mining front start-up by 2026",
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