Asset report

Pedra de Ferro iron ore mine

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Report summary

Pedra de Ferro is a mine located close to the city of Caetite in Bahia state, Brazil. It is 100% owned and operated by Bahia Mineracao (Bamin), a wholly-owned Brazilian subsidiary of ENRC (Eurasian Natural Resources Corporation).The mine commenced production in the first half of 2013, selling only into the domestic market. Pedra de Ferro is currently producing a mix of direct shipping ore (DSO) lump and fines, but will transition into a concentrate-only operation over the long term.In February 2018, Bamin, the government of Bahia state and three undisclosed Chinese companies signed a Memorandum of Understanding (MOU) by which the parties will start discussing the creation of a joint venture to finalise the construction of the East-West railway, build the Aritagua port and upgrade Pedra de Ferro's mine facilities.

What's included

This report contains

  • Document

    Pedra de Ferro iron ore mine

    PDF 320.12 KB

  • Document

    Pedra de Ferro.xls

    XLS 221.00 KB

Table of contents

  • Key facts
    • Summary
    • 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:


  • Detail Map
  • Production
  • Cash cost


  • Key facts: Table 1
  • Participation
  • Marketable reserves (at 01/01/2018)
  • Production
  • Operations
  • Infrastructure
  • Cash cost (US$/tonne)
  • Capital costs (US$ million)
  • Product quality
  • Economic assumptions

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