1 Table of Contents
1 Table of Contents 2
1.1 List of Tables 5
1.2 List of Figures 5
2 Executive Summary 6
3 Introduction 7
3.1 GlobalData Report Guidance 7
4 Brazil, Manganese Ore Mining Industry – Drivers and Restraints 8
4.1 Brazil, Manganese Ore Mining Industry – Drivers 8
4.1.1 New Investment in Manganese Mining Industry 8
4.1.2 Substantial Manganese Ore Reserves 8
4.1.3 New Manganese Projects to Support Production 8
4.2 Brazil, Manganese Ore Mining Industry – Restraints 9
4.2.1 Expected Rise in Royalty Rates 9
4.2.2 Volatility in Manganese Ore Prices 9
5 Brazil, Manganese Ore Mining Industry – Manganese Ore Production 10
6 Brazil, Manganese Mining Industry – Manganese Reserves 12
7 Brazil, Manganese Ore Mining Industry – Manganese Ore Consumption 14
8 Brazil, Manganese Industry – Manganese Ores and Concentrates, Exports and Imports Scenario 16
8.1 Brazil, Manganese Industry – Manganese Ores and Concentrates, Export to Destination Countries 19
8.2 Brazil, Manganese Industry – Manganese Ores and Concentrates, Import from Countries of Origin 21
9 Brazil Manganese Mining Industry – Top Active and Planned Projects 22
9.1 Brazil Manganese Mining Industry – Top Active Projects 22
9.2 Brazil Manganese Mining Industry – Mine Profile 22
9.2.1 Mina Do Azul Mine 22
9.2.2 Urucum Mine 23
9.2.3 Morro da Mina Mine 24
9.3 Brazil Manganese Mining Industry – Planned Projects 24
10 Brazil, Manganese Mining Industry – Fiscal Regime 25
10.1 Brazil, Governing Bodies 25
10.1.1 Ministry of Mines and Energy 25
10.1.2 National Department of Mineral Production 25
10.1.3 Brazil Geological Survey 25
10.2 Brazil, Governing Law 25
10.2.1 The Mining Code 25
10.3 Brazil, Mining Permit 25
10.3.1 Exploration Authorization System 25
10.3.2 Exploration Authorization Permit 26
10.3.3 Mining Concession System 26
10.3.4 Environmental Impact Assessment Study for Mining Activities 26
10.3.5 Environmental Licensing for Mining Activities 26
10.3.6 Permission for Geological Reconnaissance 27
10.4 Brazil, Key Fiscal Terms 27
10.4.1 Mining Royalty 27
10.4.2 Annual Tax 27
10.4.3 Land owner's share in the Mining Results 27
10.4.4 Corporate Income Tax 27
10.4.5 Withholding Tax 28
10.4.6 Depreciation Rates 28
10.4.7 Loss Carry Forward 28
10.4.8 Value Added Tax 28
11 Brazil, Manganese Mining Industry – Competitive Landscape 29
11.1 Brazil, Manganese Mining Industry – Key Companies, Vale S.A. (Vale) 29
11.1.1 Vale S.A. (Vale), Overview 29
11.1.2 Vale S.A. (Vale), Business Description 29
11.1.3 Vale S.A. (Vale), Manganese Projects 31
12 Appendix 32
12.1 Abbreviations 32
12.2 Bibliography 32
12.3 GlobalData’s Methodology 33
12.3.1 Coverage 33
12.3.2 Secondary research 33
12.3.3 Primary Research 34
12.3.4 Expert Panel Validation 34
12.4 Contact Us 35
12.5 Disclaimer 35

List of Tables
1.1 List of Tables
Table 1: Manganese Ore Mining Industry, Brazil, Manganese Ore Production (’000 metric tons), 2000–2020 11
Table 2: Manganese Mining Industry, Brazil, Manganese Reserves (’000 metric tons), 2000–2011 13
Table 3: Manganese Ore Mining Industry, Brazil, Manganese Ore Consumption (’000 metric tons), 2000–2020 15
Table 4: Manganese Industry, Brazil, Manganese Ores and Concentrates, Exports/Imports (’000 metric tons), 2000–2020 18
Table 5: Manganese Industry, Brazil, Manganese Ores and Concentrates, Export to Destination Countries, 2011 20
Table 6: Manganese Industry, Brazil, Manganese Ores and Concentrates, Import from Countries of Origin, 2011 21
Table 7: Manganese Mining Industry, Brazil, Top Active Projects 22
Table 8: Manganese Mining Industry, Brazil, Mina Do Azul mine, Historic Production (’000 metric tons), 2000–2011 22
Table 9: Manganese Mining Industry, Brazil, Urucum Mine, Historic Production (’000 metric tons), 2000–2011 23
Table 10: Manganese Mining Industry, Brazil, Morro da Mina Mine, Historic Production (’000 metric tons), 2001–2011 24
Table 11: Manganese Mining Industry, Brazil, Planned Projects 24
Table 12: Manganese Mining Industry, Brazil, Federal Social Charges(%), 2012 27
Table 13: Manganese Mining Industry, Brazil, Depreciation Rates (%), 2012 28
Table 14: Manganese Mining Industry, Brazil, Vale S.A., Major Manganese Projects 31

List of Figures
1.2 List of Figures
Figure 1: Manganese Ore Mining Industry, Brazil, Manganese Ore Production (’000 metric tons), 2000–2020 6
Figure 2: Manganese Ore Mining Industry, Brazil, Manganese Ore Production (’000 metric tons), 2000–2020 10
Figure 3: Manganese Mining Industry, Brazil, Manganese Reserves (’000 metric tons), 2000–2011 12
Figure 4: Manganese Ore Mining Industry, Brazil, Manganese Ore Consumption (’000 metric tons), 2000–2020 14
Figure 5: Manganese Industry, Brazil, Manganese Ores and Concentrates, Exports (’000 metric tons), 2000–2020 16
Figure 6: Manganese Industry, Brazil, Manganese Ores and Concentrates, Imports (’000 metric tons), 2000–2020 17
Figure 7: Manganese Industry, Brazil, Manganese Ores and Concentrates Export to Destination Countries (%), 2011# 19
Figure 8: Manganese Industry, Brazil, Manganese Ores and Concentrates, Import from Countries of Origin (%), 2011 21