Corumbá is an

iron ore Iron ores are rocks and minerals from which metallic iron can be economically extracted. The ores are usually rich in iron oxides and vary in color from dark grey, bright yellow, or deep purple to rusty red. The iron is usually found in the fo ...

mine Mine, mines, miners or mining may refer to: Extraction or digging * Miner, a person engaged in mining or digging *Mining, extraction of mineral resources from the ground through a mine Grammar *Mine, a first-person English possessive pronoun ...

located in the western Brazilian state of

Mato Grosso do Sul Mato Grosso do Sul () is one of the Midwestern states of Brazil. Neighboring Brazilian states are (from north clockwise) Mato Grosso, Goiás, Minas Gerais, São Paulo and Paraná. It also borders the countries of Paraguay, to the southwest, and ...

, near the border with

Bolivia , image_flag = Bandera de Bolivia (Estado).svg , flag_alt = Horizontal tricolor (red, yellow, and green from top to bottom) with the coat of arms of Bolivia in the center , flag_alt2 = 7 × 7 square p ...

. The mine is located east of highway 262 about 15 km south of the city of

Corumbá Corumbá is a municipality in the Brazilian state of Mato Grosso do Sul, 425 km northwest of Campo Grande, the state's capital. It has a population of approximately 112,000 inhabitants, and its economy is based mainly on agriculture, animal ...

. The mine is of

open pit Open-pit mining, also known as open-cast or open-cut mining and in larger contexts mega-mining, is a surface mining technique of extracting rock or minerals from the earth from an open-air pit, sometimes known as a borrow. This form of mining ...

construction, producing approximately 2 million

tonne The tonne ( or ; symbol: t) is a unit of mass equal to 1000 kilograms. It is a non-SI unit accepted for use with SI. It is also referred to as a metric ton to distinguish it from the non-metric units of the short ton ( United State ...

s per year of iron ore which is partially processed on site before being moved by

barge Barge nowadays generally refers to a flat-bottomed inland waterway vessel which does not have its own means of mechanical propulsion. The first modern barges were pulled by tugs, but nowadays most are pushed by pusher boats, or other vessels ...

along the

Paraguay Paraguay (; ), officially the Republic of Paraguay ( es, República del Paraguay, links=no; gn, Tavakuairetã Paraguái, links=si), is a landlocked country in South America. It is bordered by Argentina to the south and southwest, Brazil to th ...

and

Paraná River The Paraná River ( es, Río Paraná, links=no , pt, Rio Paraná, gn, Ysyry Parana) is a river in south-central South America, running through Brazil, Paraguay, and Argentina for some ."Parana River". Encyclopædia Britannica. Encyclopædia Br ...

s to shipping ports along the Atlantic coast. The mine currently employs approximately 650 persons. The mine is currently owned by Vale S.A., who acquired it from multinational mining giant

Rio Tinto Group Rio Tinto Group is an Anglo-Australian Multinational corporation, multinational company that is the world's second-largest metals and mining corporation (behind BHP). The company was founded in 1873 when of a group of investors purchased a mine ...

in 2009 for US$814M.

References

Iron mines in Brazil Former Rio Tinto (corporation) subsidiaries Vale S.A. {{MatoGrossodoSul-geo-stub