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The mine is located in the mining concession area of the Carajás National Forest, accessible via road from Canaã dos Carajás in the Pará region of Brazil. The site has one of the world's richest ore bodies, [ 6 ] with over 4 billion tonnes of reserves and ferrous content around 66%.
The mine is operated as an open-pit mine, and is estimated to contain roughly 7.2 billion metric tonnes of iron ore, plus gold, manganese, bauxite, copper, and nickel. [1] The mine is run by the Brazilian mining corporation Vale (formerly the Companhia Vale do Rio Doce), and was initially part-owned with US Steel from 1970 to 1977. [1]
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Vale's Carajás Iron Mine, Pará, 2009 NASA satellite photo. Iron ore: Vale is the world's largest iron ore producer. [10] Sales of iron ore fines and pellets represented 65% of total company revenues in 2014. In 2014, Vale sold 256 million metric tonnes of iron ore fines and 44 million metric tonnes of iron ore pellets. [5]
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The world's largest iron ore mining project, S11D, is being built nearby. [6] The municipality contains 30% of the Carajás National Forest , a 411,949 hectares (1,017,950 acres) sustainable use conservation unit created in 1998 that includes mining operations in a huge deposit of high-grade iron ore.
Alegria mine — Minas Gerais; Anglo Ferrous Metals (AFM) Minas-Rio Project — Minas Gerais; Carajás Mine — Parauapebas, Pará; Corumbá (mine) — Corumbá, Mato Grosso do Sul; Serra Sul (S11D) — near Canaã dos Carajás, Pará
The mountains are contained in the Carajás National Forest, a 411,949 hectares (1,017,950 acres) sustainable use conservation unit created in 1998 that includes mining operations in a huge deposit of high-grade iron ore. [1]