| Vale S.A. - A global diversified mining company and the largest in Brazil, primarily focused on iron ore and nickel. |
Vale is a major producer of iron ore and nickel, operating key assets like the S11D mine, Vargem Grande, and Capanema. The company is heavily invested across the entire value chain, from exploration to logistics and sales. They are investing in decarbonization technologies like the green briquette and aim to increase production of nickel and copper, essential for energy transition minerals. The Salobo project is a significant copper operation. [Value Chain Definition, 33] |
Vale is pursuing an international strategy including developing Mega Hubs. They completed a partnership with Saudi Arabia's Manara Minerals, which acquired 10% of Vale Base Metals Limited (VBM) in 2024. Vale is investing between US$ 25 billion and US$ 30 billion in energy transition minerals until 2028. The Salobo III project is expected to add up to 50 thousand tonnes annually of copper. Vale reported a net loss in Q4 2024 primarily due to impairments on base metals assets in Canada. |
Iron ore production guidance for 2024 was between 310 and 320 million t/y. Copper production at Salobo was a record in 2024. |
Net operating revenues were US$ 8.1 billion (R$ 46.16 billion) in Q1 2025. Proforma EBITDA for 2024 was US$ 15.4 billion. Listed with over US$ 40 billion in revenue a year. Listed with $41.46 billion in revenue in a 2023 ranking. |
| Anglo American - A leading global mining group with substantial iron ore and nickel operations in Brazil. |
Anglo American operates the Minas-Rio System, a major producer and exporter of premium iron ore, and nickel mines in Goiás. They are known for their focus on sustainable practices and investments in environmental improvements like the Minas-Rio filtering plant. They possess dedicated logistics infrastructure, including the Minas-Rio pipeline and port facilities at Açu Port. [Value Chain Definition, 33] |
Anglo American is undergoing portfolio simplification, with the sale process of their Nickel business well progressed in early 2025. Their Minas-Rio operation achieved record production in 2024. They are preparing the De Beers business for separation. |
Minas-Rio iron ore production in Brazil was a record 25 million tonnes in 2024. Global iron ore production totaled 60.76 million mt in 2024. Global iron ore production guidance for 2025 is 57-61 million mt. |
Global revenue for the year ended 31 December 2024 was US$ 27.29 billion. |
| CSN Mineração - A significant Brazilian iron ore producer and a key player in the national market, part of the larger CSN group. |
CSN Mineração operates multiple units and is a major contributor to Brazil's iron ore production and exports. As part of the CSN group, they benefit from a degree of vertical integration with steelmaking operations. [Value Chain Definition] They focus on prioritizing margin over volume in their production strategy. |
The company reported a significant increase in net profit in Q4 2024, attributed to the recovery in iron ore prices and foreign exchange variation. Their EBITDA adjusted for 2024 was R$ 5.896 billion. They are a key piece in the Brazilian steel production chain. |
Production of iron ore (including third-party purchases) was 42.010 million tonnes in 2024. Sales volume was 42.552 million tonnes in 2024. |
Net revenue totaled R$ 13.009 billion in 2024. TTM revenue as of May 2025 is US$ 2.96 billion. TTM revenue as of April 2025 is €2.61 Billion. |
| Kinross Brasil Mineração - Brazilian subsidiary of Kinross Gold Corporation, a major gold producer. |
Kinross Brasil Mineração (KBM) is the Brazilian operation of the Canadian gold mining company, Kinross Gold Corporation. Their main operation in Brazil is the Paracatu mine in Minas Gerais. They focus on responsible mining, operational excellence, and disciplined growth. |
Kinross Gold Corporation is targeting production of 450,000 oz/y globally by 2025. The company has been delivering value to shareholders through dividends and share buybacks. KBM is involved in a civil action regarding tailings facilities. They have a strong focus on community relations and ESG commitments in Paracatu. |
Kinross Gold Corporation produced approximately 2.1 million Au eq. oz. from their six mines globally in 2024. Production guidance for 2025 is unchanged at 690,000–750,000 tonnes (globally). No specific volume for Brazil in 2024/2025 found. |
Kinross Gold Corporation's global metal sales increased by 21% to US$ 5,148.8 million in 2024 compared to 2023. Global revenue for Q4 2024 was $1,415.8 million. |
| Samarco - A Brazilian iron ore and pellet producer, a joint venture between Vale and BHP. |
Samarco is an iron ore and pellet producer. The company is in a phase of recovery and reconsolidation following the 2015 dam collapse. They are investing significantly in technology for filtered and dry-stacked tailings and are working towards reaching 100% of installed capacity by 2028. They have a settlement agreement with the Brazilian government related to the 2015 disaster. |
Samarco is currently under judicial reorganization. They have maintained a robust financial position despite a drop in net revenue in Q3 2024. They are investing $1 billion to boost iron ore production by 2028. They are also investing in their operational workforce. By the end of 2024, Samarco and its shareholders had allocated over BRL 33.6 billion to remediation and compensation measures since 2016. |
Produced 9.7 million mt of pellets and fines in 2024. Total sales in 2024 were 9.4 million mt. Achieved a combined production of iron ore and pellets of 2.9 million mt in Q4 2024. Aims to produce approximately 15 million tons of pellets in 2025. |
Net revenue was US$ 1,455.5 million in 2024. Net revenue in Q4 2024 was $411.7 million. Realized price of the product mix was $139.0/mt in Q4 2024 and $154/mt in 2024. |
| Mosaic Fertilizantes - Brazilian operation of The Mosaic Company, focusing on concentrated phosphate and potash crop nutrients. |
Mosaic Fertilizantes is a major producer and distributor of blended crop nutrients in Brazil. They operate phosphate mines, chemical plants, a potash mine, and blending plants in Brazil and Paraguay. They produce and sell phosphate- and potash-based crop nutrients and animal feed ingredients. |
Mosaic Fertilizantes is the largest producer and one of the largest distributors of blended crop nutrients for agricultural use in Brazil. The company has been impacted by lower selling prices and challenging market conditions for agricultural inputs. They are constructing a distribution facility in northern Brazil. The Riverview phosphate facility in the US, configured for export to Brazil, experienced production impacts in early 2024. |
Sold approximately 9.0 million tonnes of crop nutrient products in Brazil in 2024. Sold 2.2 million tonnes of fertilizer in Q2 2024. Production capability is approximately 4.5 million tonnes annually. Purchased 1.2 million tonnes of products for blending or resale in 2024. |
Sales revenue in Brazil was US$ 1.4 billion in Q3 2023. Sales revenues in Brazil for Jan/Feb 2024 were US$ 650 million. Revenue in April and May 2024 was $606 million. Revenue in Q2 2024 was US$ 1 billion. |
| CBMM (Companhia Brasileira de Metalurgia e Mineração) - World leader in the production and commercialization of nióbio. |
CBMM is primarily focused on the extraction and processing of pyrochlore to produce ferroalloys, oxides, and other nióbio products. Their main operations are in Araxá, Minas Gerais. They play a dominant role in the global nióbio market. [Value Chain Definition] |
CBMM is listed as one of the largest companies in the Brazilian mineral sector in 2024. They are a key player in the Nióbio value chain, which is considered a strategic mineral. [Value Chain Definition] No recent specific context information found in the provided snippets. |
No specific volume estimates for 2024/2025 found in the provided snippets. |
No specific revenue estimates for 2024/2025 found in the provided snippets. |
| Hydro Paragominas / Alunorte - Major players in the bauxite and alumina segments of the aluminum value chain. |
Mineração Paragominas S.A. is a major producer of bauxite with operations in Paragominas, Pará, supplying the aluminum value chain in Brazil. Alunorte Alumina do Norte do Brasil is an alumina refining plant in Barcarena, Pará. Alunorte is a key part of the bauxite-alumina-aluminum chain. [Value Chain Definition] |
Hydro Paragominas is listed as one of the largest companies in the Brazilian mineral sector in 2024. Glencore acquired a 30% stake in Alunorte in 2023. Alunorte was acquired on November 21, 2024. Alunorte has a power purchase agreement with the Mendubim solar project starting in 2025. |
No specific volume estimates for 2024/2025 for bauxite or alumina production found in the provided snippets. |
No specific revenue estimates for 2024/2025 found in the provided snippets. Alunorte's current revenue is not available. |
| Mineração Usiminas - An iron ore producer and a key piece in the Brazilian steel production chain. |
Mineração Usiminas extracts iron ore from three units. They are a significant contributor to the national iron ore production and are closely linked to the steel industry through their parent company, Usiminas. |
Mineração Usiminas is listed as one of the largest companies in the Brazilian mineral sector in 2024. In 2022, they had a significant production value. No recent specific context information found in the provided snippets for 2024/2025. |
Achieved a production value volume of 164.9 thousand tonnes of minerals in 2023 (Note: This volume figure seems low compared to revenue and other companies' volumes and might refer to a specific type of mineral or a subset of operations). No specific volume estimates for 2024/2025 found. |
Achieved a production value of R$ 2.901 billion in 2022. No specific revenue estimates for 2024/2025 found in the provided snippets. |
| Pan American Silver (Jacobina Mine) - Operates the Jacobina gold mine in Brazil, part of a larger international precious metals company. |
Pan American Silver acquired Yamana Gold in March 2023, which included the Jacobina mine in Brazil. Pan American Silver is a major producer of silver and gold with operations across the Americas. The Jacobina mine is a key gold asset in their portfolio. |
Pan American Silver reported record revenue and free cash flow in 2024, reflecting strong metal prices and operating performance. They are focused on prioritizing safe, sustainable operations and efficient cost management. The acquisition of Yamana Gold significantly expanded their portfolio. |
Pan American Silver's global gold production was a record 892.5 thousand ounces in FY 2024. Yamana Gold's global production guidance for 2024 was 1,060,000 gold equivalent ounces. No specific volume for the Jacobina mine in 2024/2025 found. |
Pan American Silver's global revenue was a record US$ 2.8 billion in FY 2024. Yamana Gold contributed $916.1 million of revenue to Pan American Silver after the acquisition in 2023. |