Brazil Iron Ore Mining to 2030

Brazil Iron Ore Mining to 2030

Summary

GlobalData's Brazil Iron Ore Mining Market by Reserves, Production, Assets, Projects, Fiscal Regime with Taxes, Royalties and Forecast to 2030 provides a comprehensive coverage on the Brazil iron ore industry. It provides historical and forecast data on iron ore production, production by company, reserves by country and world iron ore prices. The report also includes a demand drivers section providing information on factors that are affecting the Brazil iron ore industry. It further profiles major iron ore producers, information on the major active, planned and exploration projects by region.

Brazil is the world’s second-largest iron ore producer, after Australia, accounting for 15.4% of total world production in 2022. Following a slight decline in 2022, Brazilian iron ore production is expected to recover in 2023, with a 3.4% year-on-year (Y-o-Y) growth rate to reach 410.2 million tonnes (Mt). The strong contribution from the country's largest iron ore producer Vale, which accounted for 77.8% of total production in 2022, can be attributed to the recovery.

Looking ahead, Brazil’s iron ore production is expected to grow at a compound annua growth rate (CAGR) of 2.1% over the forecast period (2024-30), to reach 465Mt by 2030.

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 Brazil Iron ore mining industry, relevant driving factors
• To understand historical and forecast trend on Brazil Iron ore production
• To identify key players in the Brazil Iron ore mining industry
• To identify major active, exploration and development projects by region