Fagundes

What Fagundes does

Fagundes Construção e Mineração S.A. is a Brazilian heavy civil construction and mining services contractor founded in 1985 and headquartered in Portão, Rio Grande do Sul. The company delivers integrated services across the mining and infrastructure value chain, including rock drilling and blasting, mine operations, dam construction and decommissioning, earthworks, road construction, and heavy equipment rental. Its customer base spans 47+ enterprise clients across mining and infrastructure sectors, served through project-based contracts. Geographic operations span three Brazilian states — Rio Grande do Sul, Minas Gerais, and Goiás — placing the company inside the country's principal mining corridors.

The company's technology footprint is concentrated in fleet safety rather than core service delivery. Fagundes operates a 1,001–5,000 employee base with a fully instrumented dump truck fleet running the Trimble Safety Device and the Vsafe AI Sensor System, the latter applying computer vision to driver behavior detection. These systems form the data backbone of a safety culture institutionalized through the long-running DuPont Sustainable Solutions "Renovação" partnership. Monetization is driven by project-based service contracts and heavy equipment rental, with no publicly disclosed revenue.

Fagundes has institutionalized a portfolio of corporate programs — ESG, Horto Florestal reforestation, CEAF, Realizar (PCD inclusion), Leadership Development, Adote um Novato, Compliance, and LGPD — that double as competitive credentials for tenders increasingly requiring environmental, social, and governance thresholds. The company is privately held under the Brazilian S.A. corporate form.

Name

Fagundes

Legal name

Fagundes Construção e Mineração S.A.

Website

https://fagundes.com

Company type

Private

Founded year

1985

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Fagundes is a Brazilian construction and mining services contractor founded in 1985, serving enterprise mining and infrastructure clients with drilling, blasting, earthworks, road construction, dam construction and decommissioning, and heavy equipment rental across Rio Grande do Sul, Minas Gerais, and Goiás.

Ownership category

akta.pro rank

Product category

Construction and Mining Services

NAICS

Support Activities for Metal Mining (213114), Support Activities for Mining (2131)

akta.pro primary industry

Mine Operations Contracting (Open-Pit & Underground Development, Production, Load/Haul) (IMAKAKAD)

akta.pro secondary industry

Mine Infrastructure & Utilities EPC (Power, Water, Comms, Camps, Roads, Airstrips) (IMAKAOAB)

Keywords

• Construction and mining services
• Rock drilling and blasting
• Mine operations
• Earthworks and road construction
• Heavy equipment rental

Headquarters

HQ city

Portão

HQ country

Brazil

HQ region

Latin America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Construction Services: Revenue generated from construction services including earthworks, road construction, dam construction and decommissioning, and complementary works. Services are provided to national and international companies operating in Brazil through project-based contracts.
2. Mining Operations: Revenue from mining operation services including rock drilling and blasting, mine operations, and tailings dam management. Provided as specialized operational services to mining sector clients.
3. Heavy Equipment Rental and Operation: Rental and operation services for heavy equipment including dump trucks, excavators, bulldozers, and other construction/mining machinery.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Fagundes Construção e Mineração S.A. provides integrated construction and mining services to national and international companies operating in Brazil, including rock drilling and blasting, full mine operations, dam construction/raising/tailings removal and decommissioning, earthworks, road construction, and complementary works. The company also rents and operates heavy equipment (dump trucks, excavators, graders, compactors, hydraulic drills, crawler tractors and related machinery) under project-based contracts.

Product overview

Fagundes is a construction and mining company offering integrated services including rock drilling and blasting, mine operation, dam construction and decommissioning, earthworks, road construction, and complementary works. The company also provides heavy equipment rental and operation. The portfolio includes various operational programs including safety (Renovação with DuPont Sustainable Solutions), environmental (ESG, Horto Florestal, CEAF), social inclusion (Realizar), leadership development, and compliance programs (Compliance, LGPD). The offering is structured as a unified brand with multiple service lines and corporate programs.

Differentiator

Problem solved

Functional benefit

Products and services

• Rock drilling and blasting (Perfuração e desmonte de rocha) Rock drilling and blasting services for mining and construction operations, provided to enterprise mining and construction clients in Brazil.
• Mine operations (Operação de Mina) Complete mine operation services delivered to mining enterprises, supporting day-to-day production and operational management of active mines.
• Dam construction, raising, tailings removal and decommissioning (Construção, alteamento, remoção de rejeitos e descomissionamento de barragens) Dam construction, raising, tailings removal, and decommissioning services for mining and infrastructure clients.
• Earthworks (Terraplenagem) Earthworks and land grading services for construction and infrastructure projects.
• Road construction (Construção de estradas) Road construction services for infrastructure development projects.
• Complementary works (Obras complementares) Complementary construction works for various engineering projects.
• Heavy equipment rental and operation (Locação e operação de equipamentos pesados) Rental and operation of heavy equipment including dump trucks, excavators, graders, compactors, tractors, hydraulic drills, crawler tractors, and related construction machinery, for mining and construction clients.

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature2 records

Partnerships

One partnership is on record.

• DuPont Sustainable SolutionscoreStrategic or Co-development PartnerPartnership with DuPont Sustainable Solutions for the implementation of the Renovação (Renewal) Program. This joint initiative focuses on developing new behaviors and perspectives on the importance of occupational health and safety in the organization, using tools and controls to map and monitor all processes.

Scale indicators1 record

Recent moves6 records

Expansion highlights4 records

Direct peers

• Construtora Aterpa: Brazilian construction and mining services contractor based in Minas Gerais offering earthworks, mining infrastructure, and heavy civil works. Direct peer to Fagundes with comparable size, regional mining-belt focus, and bundled mining/construction service model.
• Perenti Global: Australian mining services group (parent of Barminco and Ausdrill) providing underground and surface mining contracting, drill and blast, and equipment services. Closely comparable integrated mining services + equipment rental model.
• Macmahon: ASX-listed Australian mining services contractor providing drill and blast, mine operations, and equipment hire across multiple commodities. Directly comparable business model and scope to Fagundes' mining operations and equipment rental lines.
• Barminco: Underground mining services contractor specializing in hard-rock mechanized mining, mine development, and production. Comparable to Fagundes' drilling/blasting and mine operations scope, though focused on underground.
• Thiess: Global mining services contractor (CIMIC Group subsidiary) delivering mine operations, drill and blast, and equipment maintenance worldwide. Directly comparable on mining operations, drilling/blasting, and fleet-based service delivery.

Broad incumbents

• Caterpillar: Global mining equipment OEM offering equipment, Cat Financial rental/financing, and the Cat MineStar digital fleet/ autonomy platform. Comparable to Fagundes on equipment fleet usage and mining technology adoption, though Caterpillar is a manufacturer rather than a services contractor.
• Komatsu: Global mining equipment OEM with a growing mining services and equipment rental business, plus autonomous haulage and fleet management tech (e.g., FrontRunner). Comparable on equipment fleet deployment, mining operations support, and safety technology such as Komatsu's SMART Construction offerings.
• Novonor (formerly Odebrecht Engenharia e Construção): Brazilian construction conglomerate with a mining and infrastructure services division historically active in mining projects. Comparable mining/construction service offering to Fagundes but at substantially larger scale and broader portfolio.
• Andrade Gutierrez: Major Brazilian construction and engineering group active in mining infrastructure, dams, and heavy civil works. Comparable scope to Fagundes in mining-related construction but operates as a much larger incumbent.
• Mota-Engil: Portuguese-listed multinational construction group with a large Brazil footprint in mining infrastructure, earthworks, and civil construction. Overlaps with Fagundes' earthworks, road construction, and mining infrastructure scope but operates at much larger scale across geographies.

Market position

Strengths1 record

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Instagraminstagram.com/fagundes
• Facebookfacebook.com/fagundes.mineracao

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Fagundes