Asset Report
Minas Rio 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
Minas-Rio is a surface iron ore operated by Anglo American, located in the northeast corner of the Quadrilátero Ferrífero region of Minas Gerais, near Conceição do Mato Dentro. In 2024, Vale acquired a 15% stake in the asset as part of a broader transaction that included the transfer of the adjacent Serra da Serpentina resource. The Minas-Rio deposit is one of the largest in Brazil. The operation produces two pellet feed products, a DR grade and a BF grade, which are entirely exported to the seaborne market. Production began in 2014 and reached a record output in 2024. Key ongoing investments include a tailings filtration plant, set for commissioning in 2026, and recleaner flotation circuits, expected online in 2029.
Table of contents
- Summary
- Key issues
- Emissions
Tables and charts
This report includes the following images and tables:
-
Minas Rio Emission Intensity Quartile ranking – total global production - tonnes of oreDetail MapParticipation
-
Marketable reservesProductionProductionOperationsInfrastructureCash costCash CostCapital costs (US$ million)Product quality
- 1 more item(s)...
What's included
This report contains:
Other reports you may be interested in
Asset Report
Anshan-benxi region iron ore mine
Anshan-benxi region has the largest iron ore reserve in China. The region is positioned in the first half of our China cost curve.
$3,000
Asset Report
Santa Cruz (LHG) iron ore mine
Santa Cruz is the largest mine of LHG Mining's complex near Corumbá. It offers a high-grade iron ore under a challenging river logistics.
$2,250
Asset Report
Simandou (Blocks 1 and 2) iron ore mine
Once operational, Chinese state-owned entities may hold and control 45% of the entire Simandou deposit.
$2,250
