Asset Report

Varzea do Lopes iron ore mine

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Report summary

Varzea do Lopes is a mid-sized iron ore surface mine situated in Brazil's Quadrilátero Ferrífero (QF) region, approximately 50 kilometres south of the city of Belo Horizonte. After Miguel Burnier's closure at the end of 2015, Varzea do Lopes is currently the only mine from Gerdau in operation. Though part of the mine's run-of-mine (ROM) production is now transferred to Miguel Burnier's facilities for processing. This has negatively impacted Varzea do Lopes' overall mining costs as the haulage distance between both mines is approximately 40 kilometres.

What's included

This report contains

  • Document

    Varzea do Lopes.xls

    XLS 230.50 KB

  • Document

    Varzea do Lopes iron ore mine

    PDF 791.11 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:

Tables

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

Images

  • Detail Map
  • Production
  • Cash cost

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