Asset Report

NAMISA iron ore mine

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21 April 2021

NAMISA iron ore mine

Report summary

NAMISA is a mining complex owned and operated by CSN situated in Brazil's Quadrilátero Ferrífero (QF) region, Minas Gerais state. The operation is comprised of two mines, Engenho — located approximately 40 kilometres south of the city Belo Horizonte — and Fernandinho — located 60 kilometres southwest of the same city. In December 2020, CSN announced it was embarking on a major expansion project aimed at more than tripling its current production capacity rate by 2031. Given the size and the complexity of the project (especially around the "greenfield" stages) as well as the big capital outlay required for its full development, we have pegged CSN's final output rate much lower than the company's goal.

Table of contents

  • Key issues

Tables and charts

This report includes 12 images and tables including:

  • Detail Map
  • Participation
  • Marketable reserves (at 01/01/2021)
  • Production
  • Production
  • Operations
  • Infrastructure
  • Cash costs
  • Cash costs
  • Capital costs
  • Product quality
  • Economic assumptions

What's included

This report contains:

  • Document

    NAMISA iron ore mine

    PDF 1.26 MB

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    NAMISA iron ore mine

    ZIP 1.29 MB

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    XLS 175.50 KB