Itaminas
A Brazilian iron ore miner that has reduced production because of high sea freight charges.
Covered in 2 MetalsCost.com News Intelligence articles, most recently on October 16, 2026.
Coverage
A Fifth Brazilian Iron Ore Miner Halts Output as Freight Costs Rise and Prices Fall
Brazil's J. Mendes group has suspended its JMN Mineração iron ore mine in Minas Gerais, the fifth Brazilian producer to halt or cut output in recent weeks. Low iron ore prices and a 41% jump in Brazil-China freight costs are squeezing smaller miners.
Brazil's Cabo Verde Mineração Quits Iron Ore for a $460 Million Rare Earths Plan
Brazilian miner Cabo Verde Mineração has stopped producing iron ore after freight costs made its small mine unprofitable. It will put its effort into a rare earths deposit found during iron ore digging in Minas Gerais.