Asset Report
Serra Azul (ArcelorMittal) iron ore mine
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
Tables and charts
This report includes 13 images and tables including:
- Serra Azul (ArcelorMittal) Emission Intensity Quartile Ranking - Total global production - Tonnes of ore
- Detail Map
- Participation
- Marketable reserves (at 01/01/2022)
- Production
- Production
- Operations
- Infrastructure
- Cash costs
- Cash costs
- Capital costs
- Product quality
- Economic assumptions
What's included
This report contains:
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