LONDON–(BUSINESS WIRE)–Technavio has announced the top five leading vendors in their recent Brazilian mining industry outlook 2015-2019. This research report also lists four prominent vendors that are expected to impact the market during the forecast period.
Competitive vendor landscape
The market is witnessing consolidation as a result of increased competition, and the rising influx of private labels in the market. Some of the key market vendors are VALE, MMX Group EBX, Votorantim Metals, Alumar Consortium, and Mineração Rio do Norte (MRN).
“Intense competition, rapid advances in technology, and frequent changes in consumer preferences constitute significant risk factors for vendors in the market. Therefore, to survive and succeed in this intensely competitive environment, it is imperative for vendors in the market to distinguish their offerings through a clear and unique value proposition,” says Chandrakumar Badala Jaganathan, lead research analyst at Technavio for metals and minerals.
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Alcoa was founded in 1888 and is headquartered in New York, US. The company engineers and manufactures innovative lightweight metals, such as aluminum, titanium, and nickel. The company’s products are used in, automobiles, aircraft packaging, building and construction, commercial transportation, oil and gas, defence, consumer electronics, and industrial applications.
Alcoa operates through its subsidiary Alcoa Alumínio in Brazil. In 1984, it collaborated with Rio Tinto Alcan and BHP Billiton to form Alumar Consortium. Alumar is headquartered in São Luis, Brazil and is active in the production of primary aluminum and alumina in Brazil.
Mineração Rio do Norte
Mineração Rio do Norte was founded in 1979 and is headquartered in Oriximiná, Pará, Brazil. The company extracts, processes, and sells bauxite, the raw material used in making aluminum. The company was formed through the association of eight companies, namely, Vale, Rio Tinto Alcan Brazil, BHP Biliton Metais, Companhia Brasileira de Alumínio, Alcoa Alumínio, Norsk Hydro Brazil, World Alumina, and Alcoa World Alumina Brazil.
The company’s mining operations are concentrated in Porto Trombetas, Pará, Brazil. It operates three mines, namely, Saracá V, Saracá W, and Bela Cruz.
The average installed production capacity of the company is 18.1 million tons per year. The company generates 54% of its revenue by supplying the Alunorte and Alumar refineries in Brazil. It also exports bauxite to various countries outside Brazil, such as the US, China, India, and Canada.
MMX was founded in 2005 and is headquartered in Rio de Janeiro, Brazil. The company operates as the mining subsidiary of EBX Group. It extracts, processes, researches, develops, and sells minerals and iron ores. The product portfolio comprises lump ore, sinter feed, pellet feed, and fine ore.
MMX owns mines in the Minas Gerais and Mato Grosso do Sul States in Brazil. The company has an installed capacity that can produce seven million metric tons of iron ore per year in its two systems, namely, the Sudeste System and the Corumba system.
Vale was founded in 1942 and is headquartered in Rio de Janeiro, Brazil. It is a diversified metal and mining company. The company researches, produces, and sells iron ore and pellets, fertilizer, nickel, copper, coal, ferroalloys, manganese, cobalt, and platinum group metals.
Vale has established its presence in the metals sector with its range of offerings, such as iron ore and pellets, fertilizer, nickel, and copper.
Votorantim Metals was founded in 1996 and is headquartered in São Paulo, Brazil. The company extracts and sells metals, namely, zinc, nickel, and raw aluminum and related products. It operates 17 industrial units: 11 in Brazil, four in the US, one in China, and one in Peru. It operates as a part of the Votorantim Group.
Votorantim Metals is a leading producer of zinc oxide and zinco in Brazil. It has an installed capacity producing 739 thousand tons of zinc oxide per year. The company is also a manufacturer of aluminum products and electrolytic nickel.
In Brazil, the operation for aluminum processing is located in Alumínio, São Paulo state. The mining units are in Minas Gerais, Itamarati de Minas, Miraí, and Poços de Caldas.
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Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
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