Asset Report
Corumba (MMX) iron ore mine
Report summary
Corumbá is a small surface mine in Mato Grosso do Sul state, Brazil. It is 100% owned by MMX, a subsidiary of the EBX group. The mine currently produces a sole lump product, though in the past it also produced a fines one for both export and domestic customers. In July 2013, MMX stopped production at Corumbá citing the need to optimise capital. Though the suspension was initially estimated to last just six months, it dragged until 2016 when Vetorial leased the mine from MMX. Corumbá has a high cost of production due to the significant costs involved in using third-party operators to barge the ore 2,753 kilometres between Ladário and Rosário ports.
Table of contents
- Summary
- Key issues
Tables and charts
This report includes 12 images and tables including:
- Detailed map
- Participation
- Marketable Reserves (at 01/01/2022)
- Production
- Production
- Operations
- Infrastructure
- Cash cost (US$/tonne)
- Cash cost
- Capital costs (US$ million)
- Product quality
- Economic assumptions
What's included
This report contains:
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