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 f ...

mine located in the western Brazilian state of

Mato Grosso do Sul Mato Grosso do Sul ( ) is one of Federative units of Brazil, Brazil's 27 federal units, located in the southern part of the Central-West Region, Brazil, Central-West Region, bordering five Brazilian states: Mato Grosso (to the north), Goiás and ...

, near the border with

Bolivia Bolivia, officially the Plurinational State of Bolivia, is a landlocked country located in central South America. The country features diverse geography, including vast Amazonian plains, tropical lowlands, mountains, the Gran Chaco Province, w ...

. 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, ani ...

. 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 that extracts rock or minerals from the earth. Open-pit mines are used when deposits of commercially useful ore or ...

construction, producing approximately 2 million

tonne The tonne ( or ; symbol: t) is a unit of mass equal to 1,000 kilograms. It is a non-SI unit accepted for use with SI. It is also referred to as a metric ton in the United States to distinguish it from the non-metric units of the s ...

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

barge A barge is typically a flat-bottomed boat, flat-bottomed vessel which does not have its own means of mechanical propulsion. Original use was on inland waterways, while modern use is on both inland and ocean, marine water environments. The firs ...

along the

Paraguay Paraguay, officially the Republic of Paraguay, is a landlocked country in South America. It is bordered by Argentina to the Argentina–Paraguay border, south and southwest, Brazil to the Brazil–Paraguay border, east and northeast, and Boli ...

and

Paraná River The Paraná River ( ; ; ) is a river in south-central South America, running through Brazil, Paraguay, and Argentina for some ."Parana River". Encyclopædia Britannica. Encyclopædia Britannica Online. Encyclopædia Britannica Inc., 2012. Web. ...

s to shipping ports along the Atlantic coast. The mine currently employs approximately 650 persons. The mine is currently owned by

Vale S.A. Vale (), formerly ''Companhia Vale do Rio Doce'' (Doce River Valley Company), is a Brazilian multinational corporation engaged in metals and mining and one of the largest logistics operators in Brazil. Vale is the largest producer of iron ore an ...

, who acquired it from multinational mining giant

Rio Tinto Group Rio Tinto Group is a British-Australian multinational company that is the world's second largest metals and mining corporation (behind BHP). It was founded in 1873 when a group of investors purchased a mine complex on the Río Tinto, in Hu ...

in 2009 for US$814M.

References

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