Brazil Iron Ore Mining Market by Reserves and Production, Assets and Projects, Fiscal Regime including Taxes and Royalties, Key Players and Forecast, 2021-2026
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Brazil Iron Ore Mining Market Overview
Brazil’s iron ore production reached 422.7Mt in 2021 and is expected to achieve a CAGR of more than 3% during 2023-2026. This growth was supported by increased output from the country’s largest producer, Vale SA. Moreover, the growth was supported by the resumption of activities at the Samarco mine in December 2020, which was suspended in November 2015, following the collapse of a tailings dam.
The Brazil iron ore mining market research report provides historical and forecast data on iron ore production, reserves by country, and world iron ore prices. The report also includes a demand drivers section providing information on factors that are affecting the country’s iron ore industry such as demand from end-use sectors including steel and construction industries. It further profiles major iron ore producers and information on the major active planned and exploration projects.
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Brazil Iron Ore Mining Market Demand Drivers
Iron ore is a key material in the manufacturing of steel, which is used across various end-use markets, including building and infrastructure, mechanical equipment, the automotive industry, and others. The majority of the country’s iron ore production is exported. China is the country’s largest export partner and is followed by Malaysia, Japan, Bahrain, Oman, and South Korea. The country’s overall exports are expected to grow by 2022, backed by increased demand from export destinations and a revival in production.
Brazil Iron Ore Mining Market Segmentation by Key Active Mines
Some of the key active mines in the Brazil iron ore mining market are Serra Norte Mining Complex, Carajas Serra Sul S11D Project, Vargem Grande Mining Complex, Itabira Mining Complex, Paraopeba Mining Complex, Minas Rio Project, Mariana Mining Complex, Minas Centrais Mining Complex, Usiminas Mine, and Pau Branco Mine.
Competitive Landscape
Some of the leading companies in the Brazil iron ore mining market are Vale SA, Centaurus Metals Ltd, Companhia Paulista de Ferro Ligas, Advanced Investments Group, Eurasian Resources Group Sarl, MMX Mineracao e Metalicos SA, Metalurgica Gerdau SA, BAHMEX, Companhia Siderurgica Nacional, and Talon Metals Corp.
Brazil Iron Ore Mining Market Analysis, by Companies
To know more about the leading players in the Brazil iron ore mining market, download a free report sample
Brazil Iron Ore Mining Market Report Overview
Market Size (2021) | 422.7Mt |
CAGR (2023-2026) | >3% |
Key Active Mines | Serra Norte Mining Complex, Carajas Serra Sul S11D Project, Vargem Grande Mining Complex, Itabira Mining Complex, Paraopeba Mining Complex, Minas Rio Project, Mariana Mining Complex, Minas Centrais Mining Complex, Usiminas Mine, and Pau Branco Mine |
Leading Companies | Vale SA, Centaurus Metals Ltd, Companhia Paulista de Ferro Ligas, Advanced Investments Group, Eurasian Resources Group Sarl, MMX Mineracao e Metalicos SA, Metalurgica Gerdau SA, BAHMEX, Companhia Siderurgica Nacional, and Talon Metals Corp |
Scope
- The report contains an overview of Brazil’s iron ore mining industry including key demand-driving factors affecting Brazil’s iron ore mining industry.
- It provides detailed information on reserves, reserves by country, production, competitive landscape, major operating mines, and major exploration, and development projects.
Reasons to Buy
- To gain an understanding of the Brazilian iron ore mining industry, relevant driving factors
- To understand historical and forecast trends in Brazilian iron ore production
- To identify key players in the Brazilian iron ore mining industry
- To identify major active, exploration and development projects in Brazil an overview of Brazil
Table of Contents
Frequently asked questions
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How much iron ore did Brazil produce in 2021?
Brazil’s iron ore production was 422.7Mt in 2021.
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What is the Brazil iron ore mining market growth rate?
The iron ore mining market in Brazil is expected to achieve a CAGR of more than 3% during 2023-2026.
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Which are the key active mines in the Brazil iron ore mining market?
Some of the key active mines in the Brazilian iron ore mining market are Serra Norte Mining Complex, Carajas Serra Sul S11D Project, Vargem Grande Mining Complex, Itabira Mining Complex, Paraopeba Mining Complex, Minas Rio Project, Mariana Mining Complex, Minas Centrais Mining Complex, Usiminas Mine, and Pau Branco Mine.
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Which are the leading companies in the Brazil iron ore mining market?
Some of the leading companies in the Brazilian iron ore mining market are Vale SA, Centaurus Metals Ltd, Companhia Paulista de Ferro Ligas, Advanced Investments Group, Eurasian Resources Group Sarl, MMX Mineracao e Metalicos SA, Metalurgica Gerdau SA, BAHMEX, Companhia Siderurgica Nacional, and Talon Metals Corp.
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