Minas Centrais (Southeastern System)

Vale S.A.
Minas Gerais




2021 / 06 / 29




0.05% Net Sales

The Vale Southeastern System is comprised of three complexes: Itabira, Minas Centrais and Mariana. The system is located in the Minas Gerais state of Brazil and is fully integrated with mines, railroads, maritime terminals and a port. The mineralization at the Southern System has high ratios of itabirite ore relative to hematite ore type. Itabirite ore has iron grades of 35-60% and hematite ore has iron grades around 65%.

Production in the Southeastern System started in 1957 at the Itabira complex, which is currently expected to run through the early 2030s. Minas Centrais started production in 1994 and is expected to produce through the late 2050s and Mariana began production in 1976 and is expected to produce through the mid 2050s.

Sandstorm’s royalty covers a portion of the Southeastern System after a cumulative threshold is met. Sandstorm estimates the royalty will cover approximately 70% of the Southeastern System production after the threshold is triggered.

Recent Activity

    January 2024

    In 2023, the Southeastern System produced 82.3 Mt of iron ore, an increase of 13.4% over 2022 production.

    November 2022

    Vale announced the start-up of the Sol do Cerrado solar project, one of the largest solar farms in Latin America with installed capacity of 766 megawatts and enough electricity to meet the needs of 800,000 people. The solar project will be providing energy to Vale’s Brazil projects and is expected to ramp up until July 2023.

Use the link below to browse a list of available technical reports for the projects within Sandstorm’s portfolio. For the most up-to-date information on each project, please refer to the project operator or developer.

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