Asset Report
Salobo copper mine
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. In October 2018 the Board of Vale approved the investment of US$1.1 billion for the expansion of Salobo (Salobo III) including the construction of a new concentrator of 12Mt ore/a. This expansion was completed in H2 2022.
Table of contents
- Summary
- Key issues
- Emissions
- CAPEX
-
Operating
- Labour
- Mining
- Processing
- Off-take agreements
- Penalties
- Royalties and taxes
- Mineral concessions
- Permitting
- Environmental reclamation
Tables and charts
This report includes 2 images and tables including:
- Salobo Emission Intensity Quartile Ranking - total global production - tonnes Cu equivalent
- Detailed map
What's included
This report contains:
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