Asset Report
Salobo copper mine
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Report summary
Vale operates a 24Mt/a ore conventional open pit mine and concentrator. In June 2012 Salobo started Phase I (Salobo I) with a mill capacity of 12Mt/a ore. The initial capex of this was US$ 2,507 million. In June 2014, Vale brought into production the Salobo II project, which doubled the nameplate milling capacity from 12Mt/a to 24Mt/a. Both Salobo I & II operate just as one open pit. By the beginning of 2018 Vale was studying the possibility to carry out the Salobo III expansion. This includes another expansion of 12Mt ore/a.
Table of contents
- Key facts
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Summary and key issues
- Summary
- Key issues
- Location maps
- Geology
- Reserves and resources
- Infrastructure
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Costs
- CAPEX
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Operating
- Labour
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Operations
- Mining
- Processing
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Sales contracts
- Off-take agreements
- Penalties
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Fiscal and regulatory
- Royalties
- Permitting
- Environmental reclamation
- Timeline
Tables and charts
This report includes 2 images and tables including:
- Key facts: Table 1
- Detailed map
What's included
This report contains:
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