Asset report

MUSA iron ore mine

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Report summary

Mineracao Usiminas S.A. or MUSA is a mid sized surface mining complex in Brazil's Quadrilátero Ferrífero (QF) region in the state of Minas Gerais. It is 70% owned by Usiminas a Brazilian steel producer and 30% owned by Sumitomo.Production at MUSA dropped substantially over the past few years on the back of deteriorated steel market conditions.As most of MUSA's production feeds into Usiminas' local steel plants Ipatinga and Cubatao and the latter's operations were temporarily idled in early 2016 we expect the mine to gradually increase iron ore output concomitantly with Cubatao's restart.

What's included

This report contains

  • Document

    MUSA.xls

    XLS 245.00 KB

  • Document

    MUSA iron ore mine

    PDF 517.15 KB

Table of contents

  • Key facts
  • Summary and 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:

Images

  • Detail map
  • Production
  • Cash cost

Tables

  • Key facts: Table 1
  • Participation
  • Marketable reserves (at 01/01/17)
  • Production
  • Operations
  • Infrastructure
  • Cash cost (US$/tonne)
  • Capital costs (US$ million)
  • Product quality
  • Economic assumptions

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