Asset report

Carajas - Serra Sul iron ore mine

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Report summary

Serra Sul (also known as S11D) is a major new mining project being developed by Vale in its Northern System. The deposit is one of the largest undeveloped resources of high grade, direct shipping iron ore known in the world and is planned to have an annual production capacity of 90 million tonnes at an estimated capital cost of roughly US$14 billion. The Serra Sul mine will utilise Vale's dry processing technology to produce a single high-grade sinter feed fines product as direct shipping ore for the export market. Production will be shipped from Vale's Ponta da Madeira terminal at Itaqui port, in the state of Maranhão. At full production, we expect S11D to have one of the lowest operating costs among all iron ore mines supplying to the seaborne market.

What's included

This report contains

  • Document

    Carajas - Serra Sul iron ore mine

    PDF 1.06 MB

  • Document

    Carajas Serra Sul.xls

    XLS 223.50 KB

Table of contents

  • Key facts
    • Summary
    • Key issues
  • Location maps
  • Participation
  • Geology
  • Reserves and resources
  • Production
  • Operations
  • Infrastructure
  • Costs
  • Sales contracts
  • Economic assumptions

Tables and charts

This report includes 13 images and tables including:


  • Detail Map
  • Production
  • Cash cost


  • Key facts: Table 1
  • Participation
  • Marketable reserves (at 01/01/2018)
  • Production
  • Operations
  • Infrastructure
  • Cash cost (US$/tonne)
  • Capital costs (US$ million)
  • Product quality
  • Economic assumptions

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