SUSA Mineracao Ltda is an operational mine located in Rio Grande do Norte, in the Northeast region of Brazil. The mine started shipments in 2011.

• Ongoing exploration indicates a potential resource of 250 Mt, with an average grade 35% Fe.
• Additional drilling and geological investigation is currently being conducted to establish a JORC standard resource.
• The ongoing shipments of Direct Shipping Ore have an average grade of 62% Fe (70% fines and 30% lumps).
• The mine is fully serviced by existing utilities and infrastructure; the Port of Natal is about 250 km from the mine by road.
• A 5 Mtpa production asset is being planned for, with very low infrastructure investment.