Asset Report

Vargem Grande (Southern System) iron ore mine

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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:

  • Document

    Vargem Grande (Southern System) iron ore mine

    PDF 1.61 MB

  • Document

    Vargem Grande (S System).xls

    XLS 184.00 KB