In a resplendent unveiling of aspirations, Gerdau has lifted the curtain on its monumental investment endeavor, a feat that unfurls against the backdrop of the revered Miguel Burnier iron ore mine in the heart of Minas Gerais state. With a staggering infusion of 3.2 billion reais ($653 million), this visionary platform is poised to orchestrate an impressive metamorphosis, amplifying Gerdau's mine's production capacity to an illustrious 5.5 million metric tons of iron ore per annum. The stage for this symphony is set to resonate with life at the close of 2025.As a beacon of validation, the renowned SRK has duly certified the presence of a trove comprising 476 million metric tons of proven and probable iron ore reserves, ensconced within the labyrinth of deposits, nestled under the embrace of concession rights. The orchestration of this opus rests on the foundations of internal resources, a testament to Gerdau's commitment to navigate the currents of economic adversity with unwavering determination.An elegy of wisdom resonates through the words of CEO Mr. Gustavo Werneck, who champions the cause with an unwavering voice. The prevailing landscape of macroeconomic challenges may have cast shadows, but Gerdau stands as a beacon, unflinchingly steering its investments towards a brighter horizon. The reserve's substantial magnitude exudes an aura of assurance, a confirmation that this voyage is anchored in a future rich with returns that will indelibly enhance Gerdau's operational landscape.The blueprint for transformation delineates a mosaic where 60% of the projected investments weave through the tapestry of mining, the rhythmic pulse of crushing, the meticulous artistry of concentration, and the essence of filtering. Another facet, constituting 20%, finds expression in the realm of logistics, a symphony where the iron ore pipeline and the tailings pipeline will harmonize with the rail terminal's crescendo. The remaining 20% entwines itself around various domains, encompassing the enigmatic dance of the energy transmission line.
In a resplendent unveiling of aspirations, Gerdau has lifted the curtain on its monumental investment endeavor, a feat that unfurls against the backdrop of the revered Miguel Burnier iron ore mine in the heart of Minas Gerais state. With a staggering infusion of 3.2 billion reais ($653 million), this visionary platform is poised to orchestrate an impressive metamorphosis, amplifying Gerdau's mine's production capacity to an illustrious 5.5 million metric tons of iron ore per annum. The stage for this symphony is set to resonate with life at the close of 2025.As a beacon of validation, the renowned SRK has duly certified the presence of a trove comprising 476 million metric tons of proven and probable iron ore reserves, ensconced within the labyrinth of deposits, nestled under the embrace of concession rights. The orchestration of this opus rests on the foundations of internal resources, a testament to Gerdau's commitment to navigate the currents of economic adversity with unwavering determination.An elegy of wisdom resonates through the words of CEO Mr. Gustavo Werneck, who champions the cause with an unwavering voice. The prevailing landscape of macroeconomic challenges may have cast shadows, but Gerdau stands as a beacon, unflinchingly steering its investments towards a brighter horizon. The reserve's substantial magnitude exudes an aura of assurance, a confirmation that this voyage is anchored in a future rich with returns that will indelibly enhance Gerdau's operational landscape.The blueprint for transformation delineates a mosaic where 60% of the projected investments weave through the tapestry of mining, the rhythmic pulse of crushing, the meticulous artistry of concentration, and the essence of filtering. Another facet, constituting 20%, finds expression in the realm of logistics, a symphony where the iron ore pipeline and the tailings pipeline will harmonize with the rail terminal's crescendo. The remaining 20% entwines itself around various domains, encompassing the enigmatic dance of the energy transmission line.
