Companies

Cedro Mineração Ltda. (Cedro Mineração)

Get all the information about Cedro Mineração Ltda. (Cedro Mineração), a company operating mainly in the Mining & Metals sector. Connect with its key contacts, projects, shareholders, related news and more. The company has operations in Brazil, which include Metals smelting, refining and metal products, Iron ore andMining Companies. Write to us at [email protected] or call us at +56 (2) 29410300 to schedule a demonstration of our platform.

Metals smelting, refining and metal products Iron ore Mining Companies

Description:

Cedro Mineração is a Brazilian mining company specialized in the extraction, processing and commercialization of iron ore. Cedro was founded in 2018 and in 2020 it acquired the company Extrativa Mineral and, with it, its Mina do Gama project. The company produces 3.9 million tons per year, of which between 50% and 60% is sold to Gerdau and the rest to Vale, CSN, Usimina, among others. In 2021, Grupo Cedro, owner of Cedro Mineração, announced plans to invest more than one billion reais over the next 3 years. The investment will be allocated to the operations of the Mina do Gama, although it will also acquire new iron ore assets. Additionally, Grupo Cedro will enter new markets such as real estate (commercial / residential towers, shopping center, a university and a hospital), agriculture (coffee, soy, corn and livestock crops) and solar energy (three solar parks with initial capacity 12.5 MW). Finally, Cedro Mineração will add five more assets to its portfolio, currently in the licensing process, which will increase its production to 15 million tons by 2026. Cedro is headquartered in Nova Lima, Minas Gerais.

	
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