LHG Mining
- Company typePrivate
- Founded2022
- HeadquartersSão Paulo, Brazil
- Headcount1,001–5,000
- GTM typeB2B
- OfferingHardware or Manufacturing
LHG Mining firmographics
Firmographics- Name
- LHG Mining
- Legal name
- LHG Mining
- Website
- https://lhgmining.com.br
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Ownership category
- akta.pro rank
LHG Mining industry classification
Industry- Product category
- Iron Ore Mining
- NAICS
- Iron Ore Mining (212210)
- SIC
- Metal Mining (1000)
- akta.pro primary industry
- Iron Ore Mining Operations (Open-Pit & Underground) (IMAKAAAC)
- akta.pro secondary industries
- Iron Ore Tailings, Waste Management & Reclamation (Closure, Remediation) (IMAKAAAI), Ferrous Metals Trading & Distribution (Iron Ore, Pig Iron, DRI/HBI, Ferroalloys) (IMAKAJAA)
Keywords
Where LHG Mining is headquartered
LocationHeadquarters
- HQ city
- São Paulo
- HQ country
- Brazil
- HQ region
- Latin America
Offices5 records
Markets served
LHG Mining business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Operations, Personnel, Supply Chain, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Iron Ore Lump and Fines Sales: Sale of high-grade iron ore lump (main product) and natural fines (sinter feed) produced from Santa Cruz and Urucum mines. Iron ore lump is sold as natural pellet alternative for green steel production. Revenue of R$ 3.3 billion in 2023 representing 150% growth.
- Manganese Ore Sales: Sale of high-grade lump manganese ore (80% granulado with 42% grade) from Urucum underground mine for ferroalloy production and blast furnace heating. Production of 450,000-600,000 tonnes in 2023 destined for Brazil, Europe and China.
Go-to-market motion2 records
Distribution channels6 records
Marketing channels6 records
LHG Mining product offering
Product offeringCore offering
LHG Mining extracts and sells high-grade iron ore (lump marketed as a \u201cnatural pellet\u201d and natural fines/sinter feed) from its Santa Cruz and Urucum open-pit mines, plus high-grade manganese lump ore (42% grade, 80% granulated) from the Urucum underground mine. The company serves steel producers and ferroalloy manufacturers in Brazil, Europe, and China through an integrated logistics chain comprising its own river port, river barges on the Paraguay-Paran\u00e1 waterway, the Nueva Palmira transshipment terminal in Uruguay, and a 2 million tonnes/year distribution center in Sete Lagoas (MG).
Product overview
LHG Mining is a Brazilian mining company offering a focused portfolio of iron ore and manganese products through its subsidiary MCR (Mineração Corumbaense Reunida). The core offerings include high-grade iron ore lump ('natural pellet') and fines from Santa Cruz and Urucum mines, plus manganese ore lump from the Urucum underground mine. The company operates an integrated logistics system including river ports (Gregório Curvo), river navigation via TBN, and international transshipment through Nueva Palmira, Uruguay. A distribution center in Sete Lagoas, MG serves domestic markets. The company is developing a 'Natural Pellet' product for green steel production using direct reduction technology.
Differentiator
Problem solved
Functional benefit
Products and services
- Iron Ore Lump (Granulado)
Quantifiable outcome
- 70 kg CO2 reduction per tonne of steel when replacing sinter agglomerate with iron ore lump
- +6 more outcomes
Companies that use LHG Mining
Customer profileNamed customers4 records
Segments3 records
Ideal customer profiles3 records
LHG Mining technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
LHG Mining partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and minor.
- MCR (Mineração Corumbaense Reunida)coreLHG Mining acquired MCR in 2022 to enter the mining sector. MCR, established in 1974, operates Santa Cruz and Urucum mines in Corumbá and Ladário with high-grade iron and manganese ore reserves.
- Transbarge Navegación (TBN)coreRiver navigation company based in Asunción, Paraguay. MCR's production is transported via TBN barges on Paraguay and Paraná rivers to Uruguay for export. 2,500 km waterway to Nueva Palmira port.
- Granel Química (Partner Port)minorPartner river port on Paraguay River in Corumbá alongside LHG Mining's own Gregório Curvo port for ore reception and loading.
- IBAMAcoreBrazilian Institute of Environment and Renewable Natural Resources. Recognizes LHG Mining's Forest Nursery as pioneering initiative for native species cultivation and degraded area recovery.
- IMASULminorMato Grosso do Sul environmental agency. Co-recognizes Forest Nursery as pioneering initiative alongside IBAMA.
- Instituto Moinho Cultural Sul-AmericanocoreNon-profit institution serving youth at social risk in Corumbá, Ladário and Bolivia. LHG Mining donated R$ 500,000 for cultural and citizenship programs serving 400 children annually.
Scale indicators16 records
Recent moves8 records
Expansion highlights6 records
LHG Mining competitors and assessment
Company assessmentBroad incumbents
- Vale S.A. World's largest iron ore producer and Brazil's dominant miner; operates the Carajás complex producing high-grade lump and fines. Directly comparable as a Brazilian iron ore miner, though Vale is many times larger and operates in a broader range of minerals and geographies.
- Anglo American: Global mining major with the Minas-Rio iron ore operation in Brazil. Comparable in product (high-grade iron ore) and target market (global steel industry), though Anglo American is a diversified multi-commodity group.
- BHP Group: Global diversified mining major with the Pilbara iron ore operation in Western Australia. Comparable as a major iron ore supplier to global steelmakers, including Chinese customers, though BHP is a multi-commodity group with copper, nickel, and metallurgical coal exposure.
- Rio Tinto: Global mining major and one of the largest iron ore producers globally (Pilbara operations). Comparable in serving global steelmakers and the Chinese market, with parallel investments in low-carbon steelmaking partnerships (e.g., ELYSIS, BIOIRON).
Direct peers
- CSN Mineração: Brazilian iron ore producer spun off from CSN, with mines in Minas Gerais producing lump, sinter feed and pellet feed. Comparable as a domestic competitor serving the same steel customer base in Brazil and exporting to Asia.
- Kumba Iron Ore: Anglo American's listed iron ore subsidiary producing high-grade lump and fines in South Africa. Closest listed peer in terms of pure-play iron ore exposure with a premium lump product and a focus on quality/sustainability positioning.
- Champion Iron: Canadian-listed producer of high-grade iron ore concentrate from the Bloom Lake mine in Quebec. Comparable as a focused high-grade iron ore producer targeting DR-grade and green-steel applications, similar to LHG's natural pellet positioning.
- Ferrexpo: Ukrainian iron ore pellet producer focused on high-grade products for the global steel industry. Comparable in product mix (premium iron ore for steel mills) and European customer base, though currently impaired by Ukraine war disruptions.
Emerging players
- Eramet: French mining group with significant manganese operations (Gabon, New Caledonia nickel). Comparable as a high-grade manganese ore producer supplying ferroalloy manufacturers and steel mills in Europe and Asia.
- South32: Diversified mining company spun off from BHP, producing manganese ore (GEMCO in Australia, Hotazel in South Africa) along with alumina, aluminum, coal, and zinc. Comparable in manganese ore production for the global steel industry, particularly the high-grade lump segment.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
LHG Mining financial estimates
Financial estimateRevenue estimate
Valuation estimate
LHG Mining leadership team
Management profileNumber of profiles
Profiles5 records
LHG Mining subsidiaries and ownership
Company hierarchySubsidiaries1 record
LHG Mining funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
LHG Mining M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about LHG Mining
What does LHG Mining do?
LHG Mining extracts and sells high-grade iron ore (lump marketed as a \u201cnatural pellet\u201d and natural fines/sinter feed) from its Santa Cruz and Urucum open-pit mines, plus high-grade manganese lump ore (42% grade, 80% granulated) from the Urucum underground mine. The company serves steel producers and ferroalloy manufacturers in Brazil, Europe, and China through an integrated logistics chain comprising its own river port, river barges on the Paraguay-Paran\u00e1 waterway, the Nueva Palmira transshipment terminal in Uruguay, and a 2 million tonnes/year distribution center in Sete Lagoas (MG).
Is LHG Mining a public or private company?
LHG Mining is a private company. It is classified as corporate owned and is currently operating.
When was LHG Mining founded?
LHG Mining was founded in 2022. It employs 1,001 to 5,000 people.
Where is LHG Mining based?
LHG Mining is headquartered in São Paulo, Brazil, in the Latin America region.
How does LHG Mining make money?
Two revenue lines are on record. Iron Ore Lump and Fines Sales are the primary driver. The others are manganese Ore Sales.
Who are LHG Mining's main competitors?
Broad incumbents on record are Vale S.A., Anglo American, BHP Group and Rio Tinto. Direct peers are CSN Mineração, Kumba Iron Ore, Champion Iron and Ferrexpo. Emerging players are Eramet and South32.
Does LHG Mining have an API?
No public API is recorded for LHG Mining.
What industry is LHG Mining in?
LHG Mining's product category is Iron Ore Mining. Its primary akta.pro industry code is IMAKAAAC, Iron Ore Mining Operations (Open-Pit & Underground), with a secondary code of IMAKAAAI, Iron Ore Tailings, Waste Management & Reclamation (Closure, Remediation). Its NAICS code is 212210 and its SIC code is 1000.