Asset report

Vargem Grande - Capitao do Mato iron ore mine

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Report summary

Capitao do Mato is a mid-sized surface mine and part of Vale's Vargem Grande complex, ultimately falling under Vale's Southern System operations. The mine is located in Brazil's Quadrilátero Ferrífero (QF) region and approximately 15 kilometres south of Belo Horizonte. The deposit is approximately 0.4 kilometres wide and 2.5 kilometres long.Since Vale does not own 100% of the MRS railway, it must pay market rates for transportation. As a result, Capitao do Mato's transport costs are one of the company's highest, accounting for approximately one-third of the project's 2018 total cash cost.

What's included

This report contains

  • Document

    Vargem Grande - Capitao do Mato iron ore mine

    PDF 331.39 KB

  • Document

    Vargem Grande-Capitao do Mato.xls

    XLS 336.50 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
  • Cash cost
  • Production


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

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