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Varzea do Lopes is a medium sized iron ore surface mine situated in Brazil's Quadrilátero Ferrífero (QF) region, approximately 50 kilometres south of the city of Belo Horizonte. Gerdau's original plans for their Miguel Burnier and Varzea do Lopes mines were to achieve 100% self-sufficiency for its nearby steel facility, Ouro Branco. As the project was being realized and additional resources were discovered in those areas, Gerdau started contemplating expansion plans which had to be placed on hold shortly after due to weak market conditions. After Miguel Burnier's closure at the end of 2015, Varzea do Lopes is currently the only mine from Gerdau in operation.
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Varzea do Lopes iron ore mine PDF - 468.69 KB 8 Pages, 10 Tables, 3 Figures
Varzea do Lopes.xls XLS - 231.00 KB
Description
This Iron Ore Metals Mine report provides a detailed analysis of the cost profile, geology, reserves and future production for this mine, as well as a detailed location map.
Iron ore producers, advisors and financial companies can use this report to better understand asset value and efficiency of the operation. It will also help you benchmark against similar mines, identify acquisition opportunities and examine evolving cost structures to strengthen business strategies.
Wood Mackenzie's cost methodology is the established global industry standard, relied on by the world’s leading investment banks and mining companies to make strategic, operational and investment decisions.
Our analysts are based in the markets they analyse, working with high-quality proprietary cost databases and cost curve analyses to write consistent and reliable insights. Our database includes over 2,450 asset analyses covering more than 1,000 companies worldwide.
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Asset report | May 2017
Varzea do Lopes iron ore mine
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