Asset Report
Paraopeba (Southern System) iron ore mine
Report summary
Paraopeba is a mining complex owned and operated by Vale with its northern boundary located approximately 5 kilometres southwest of the city of Belo Horizonte in Minas Gerais state, Brazil. The operation produces a mix of fines and concentrate products primarily for the seaborne export market but also to Vale’s Fábrica pellet plant and domestic customers. On 25 January 2019, Vale confirmed the rupture of an upstream tailings dam located at its Córrego do Feijão mine, part of the Paraopeba complex. Since then, multiple mines at the complex were forced to scale down or close capacity due to new safety protocols in Brazil. As a result, Paraopeba ran at approximately 20% below its nominal output rate in 2019 and 2020. With restarts and also thanks to higher third party purchases, the complex output increased by 30% in 2022.
Table of contents
- Summary
- Key issues
- Emissions
Tables and charts
This report includes 13 images and tables including:
- Paraopeba (Southern 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 costs
- Cash cost
- Capital costs
- Product quality
- Economic assumptions
What's included
This report contains:
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