Asset Report
Vargem Grande (Southern System) 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
Vargem Grande is a mining complex owned and operated by Vale with comprising five mines. The operation produces a mix of fines and concentrate products primarily for the seaborne export market but also to the namesake pellet plant and domestic customers. On 25 January 2019, Vale confirmed the rupture of an upstream tailings dam located at its Córrego do Feijão mine, part of the Paraopeba complex. Since then, multiple mines from the company in Minas Gerais were forced to scale down or close capacity due to new safety protocols in Brazil. This resulted in Vargem Grande running 65% and 15% below its nominal capacity rate in 2019 and 2020, respectively, before returning to full speed in 2022.
Table of contents
- Summary
- Key issues
Tables and charts
This report includes the following images and tables:
- Vargem Grande (Southern System) Emission Intensity Quartile ranking – total global production- tonnes of ore
- Detail Map
- Participation
- Marketable reserves
- Production
- Production
- Operations
- Infrastructure
- Cash cost
- Cash cost
- Capital cost
- Product quality
- 1 more item(s)...
What's included
This report contains:
Other reports you may be interested in
Asset Report
Zouerate System iron ore mine
High stripping costs while developing deposits may put further pressure on the cost to go northwards at the Zouerate System mines.
$2,250
Asset Report
El Aouj iron ore mine
A feasibility study for Stage 1 of the 11 Mtpa El Aouj deposit was completed at the end of 2015; the mine will start operating in Q1 2027.
$2,250
Asset Report
Guelb el Rhein iron ore mine
Due to a high strip ratio and low raw ore grade, Guelb el Rhein has one of the highest mining costs in our dataset.
$2,250
