Asset Report

Vargem Grande - Tamandua iron ore mine

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20 February 2018

Vargem Grande - Tamandua iron ore mine

Report summary

Tamandua is 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 19 kilometres south of the city of Belo Horizonte. The deposit is approximately 0.4 kilometres wide and 1.8 kilometres long. Since Vale does not own 100% of the MRS railway, it must pay market rates for transportation. As a result, Tamandua's transport costs are one of the company's highest, accounting for approximately one-third of the project's 2018 total cash cost.

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:

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

What's included

This report contains:

  • Document

    Vargem Grande - Tamandua iron ore mine

    PDF 329.12 KB

  • Document

    Vargem Grande-Tamandua.xls

    XLS 325.00 KB

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