Asset report

NAMISA iron ore mine

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Report summary

NAMISA's mining operations are comprised of two mines Engenho and Fernandinho in Minas Gerais state Brazil. The two mines are located approximately 40 kilometres south and 60 kilometres southwest respectively from the city of Belo Horizonte. In November 2015 CSN and the Asian consortium JKTC concluded a strategic alliance to merge their mining and logistics assets under a new company Congonhas Minerios.Though production at Namisa was down over the past few years due to weak market conditions the mine is currently slated to return to its more typical run rate in 2017.Because JKTC used to have a 40% ownership stake in NAMISA CSN used to charge market rates for the operation to use its rail and port infrastructures. With the creation of the Congonhas Minerios joint venture Namisa's rail and port costs are now close to Casa de Pedra's ones.

What's included

This report contains

  • Document

    NAMISA iron ore mine

    PDF 329.34 KB

  • Document

    Namisa.xls

    XLS 217.50 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 costs

Tables

  • Key facts: Table 1
  • Participation
  • Marketable reserves (at 01/01/2017)
  • Production
  • Operations
  • Infrastructure
  • Cash costs
  • Capital costs
  • Product quality
  • Economic assumptions: Table 1

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