Asset Report

Esperança iron ore mine

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14 June 2019

Esperança iron ore mine

Report summary

Esperança is a small surface mine owned and operated by Vale located near the town of Brumadinho in Minas Gerais state, Brazil. The operation produces a low-grade fines product which is typically sold at the mine gate. Prior to Vale's ownership, Esperança used to be owned by Ferrous Resources. However, in December 2018, Vale entered into a definitive agreement to buy Ferrous in a deal that was just settled a few months later after Brazil's antitrust regulator, CADE, gave the green light for the transaction to be finalised.

Table of contents

  • Summary
  • Key issues

Tables and charts

This report includes 12 images and tables including:

  • Detail Map
  • Participation
  • Marketable reserves (at 01/01/2019)
  • Production
  • Production
  • Operations
  • Infrastructure
  • Cash cost (US$/tonne)
  • Cash cost
  • Capital costs (US$ million)
  • Product quality
  • Economic assumptions

What's included

This report contains:

  • Document


    XLS 217.50 KB

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    Esperança iron ore mine

    PDF 1.25 MB

  • Document

    Esperança iron ore mine

    ZIP 1.29 MB

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