Asset Report

Itabirito - Segredo/Joao Pereira iron ore mine

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20 February 2018

Itabirito - Segredo/Joao Pereira iron ore mine

Report summary

Segredo and Joao Pereira are two mid-sized surface mines whose production is rolled together. They are situated approximately 35 kilometres south-east of the city of Belo Horizonte. The mines are part of Vale's Itabirito complex, ultimately falling under Vale's Southern System operations. Since Vale does not own 100% of the MRS railway, they must pay market rates for transportation. As a result, transport costs for Segredo/Joao Pereira account for nearly 30% of its total cash cost. Production from both mines combined is expected drop over the next few years as Vale switches output to more-efficient, lower-cost operations.

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:

  • Key facts: Table 1
  • Detail Map
  • Participation
  • Marketable reserves (at 01/01/2018)
  • 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

    Itabirito - Segredo/Joao Pereira iron ore mine

    PDF 331.15 KB

  • Document

    Itabirito-SegredoJoaoPereira.xls

    XLS 234.00 KB