Asset Report
Mariana (Southeastern System) iron ore mine
Report summary
Mariana is a mining complex owned and operated by Vale with most of its projects located in the namesake city of Minas Gerais state, Brazil. The complex is comprised of three operating mines — Fábrica Nova, Alegria and Fazendão — two depleted ones — Timbopeba and Conta História — and the Capanema project. Mariana produces a mixture of fines and concentrate products for the domestic and seaborne export markets as well as Vale's pellet plants. In December 2020, Vale announced the receipt of all the required licences to start the construction of the Capanema project. The development is set to increase Mariana's total run rate by almost 50% by 2025. Mariana's C1 direct cash cost increased substantially in 2022 primarily as a result of higher diesel prices and significant hikes in input prices and contractors’ rates. Beyond 2023, we anticipate an escalating new level of cost outlook for the operation.
Table of contents
- Summary
- Key issues
Tables and charts
This report includes 13 images and tables including:
- Mariana (Southeastern System) Emission Intensity Quartile ranking – Total global production- Tonnes of ore
- Detail map
- Participation
- Marketable reserves (at 01/01/2023)
- Production
- Production
- Operations
- Infrastructure
- Cash cost (US$/tonne)
- Cash cost
- Capital costs (US$ million)
- Product quality
- Economic assumptions
What's included
This report contains:
Other reports you may be interested in
Asset Report
Itabira (Southeastern System) iron ore mine
Itabira is Vale's largest complex in Minas Gerais. Still, output at Itabira was limited in 2022 due to constraints in tailings disposal.
$2,250
Asset Report
Middleback Ranges iron ore mine
Following government approval, Middleback Ranges expanded to new pits in the South Middleback Ranges area to support the tons.
$2,250
Asset Report
Minas Centrais (Southeastern System) iron ore mine
Minas Centrais is a complex owned by Vale set to produce 30% below its total capacity in 2023 as a result constraints in tailings disposal.
$2,250
