Asset Report
Serra Azul (ArcelorMittal) iron ore mine
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Serra Azul is a small surface mine owned and operated by ArcelorMittal located in the western side of Brazil's Quadrilátero Ferrífero (QF) region, Minas Gerais state, approximately 50 kilometres southwest of Belo Horizonte. The mine sells lump and fines products to both the Brazilian domestic and seaborne export markets. In 2022, ArcelorMittal announced a US$350 million project to enable DRI quality pellet feed concentrate production. The main project's goal is to supply ArcelorMittal Mexico steel operations with high quality feed and reduce reliance on 3rd party suppliers. We foresee the start up in 2H23. Serra Azul is in the process of decommissioning its namesake upstream tailings dam. We anticipate the project will be accomplished by early 2024.
Table of contents
- Summary
- Key issues
- Emissions
- Production
- Costs
Tables and charts
This report includes the following images and tables:
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Serra Azul Emission Intensity Quartile ranking – total global production - tonnes of oreDetail MapParticipation
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Marketable reserves (at 01/01/2026)ProductionProductionOperationsInfrastructureCash costsCash costsCapital costsProduct quality
- 1 more item(s)...
What's included
This report contains:
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