The report 'Brazil Iron ore Mining to 2026' provides comprehensive coverage on Brazil's iron ore mining industry. It 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, information on the major active, planned and exploration projects.
Brazil is the world's second largest iron ore producer, after Australia, accounting for 17% of total world production in 2021. The country's iron ore production is expected to remain relatively flat in 2022, with an estimated growth of 1.0% over 2021 to reach 426.8Mt. This growth will be supported by increased production across the Vale's operating mines. Although, heavy rainfall impacted Vale's output during the H1 2022 (a 4.5% Y-o-Y fall), production is likely to recover in H2 2022, according to company's guidance, which is targeting to produce between 320-335Mt in 2022, up from 315.6Mt in 2021. Brazil's iron ore production is expected to grow at a compound annua growth rate (CAGR) of 3.3% over the forecast period (2023-26), to reach 496.3Mt by 2026. This will be mostly due to the resumption of Vale's capacities at Serra Norte N1/N2, Serra Leste expansion and S11C project, which will be operational by the end of 2026.
Scope
- The report contains an overview of the Brazil Iron ore mining industry including key demand driving factors affecting the Brazil's iron ore mining industry. It provides detailed information on reserves, reserves by country, production, competitive landscape, major operating mines, 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 trend on 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 the Brazil
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Vale SA
- Companhia Siderurgica Nacional
- Anglo American Plc