BAMIN has been operating in Brazil for more than 15 years and is continuously investing in the development of its project in Bahia, which includes the projects Pedra de Ferro Mine, in the Caetité region, and Porto Sul, in Ilhéus.

At the Pedra de Ferro mine, we operate with a production capacity of up to two million tons per year and we aim at a total production of 18 million tons per year, which will make Bahia the third largest iron ore producing state in Brazil.

ERG Group

The Eurasian Resources Group (ERG) is a leading group of diversified natural resources. It has a portfolio of production assets and development projects in 15 countries and is represented by more than 85,000 people worldwide, being an important employer in the sector.

With a track record of success in the global metals and mining industry of over 25 years, our integrated operations span the entire value chain from extraction and production to processing, energy, logistics and marketing.

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Our Projects

Our operations

BAMIN is a mining company in operation that is dedicated to the extraction, processing and commercialization of iron ore through integrated processes in which modern methods and the state of art equipment are used.

The Pedra de Ferro Project consists of two large projects: Pedra de Ferro Mine and Porto Sul.

At Pedra de Ferro Mine, BAMIN will sustainably produce and process two types of ores: hematite (1/3) and itabirite (2/3). Hematite has a high iron content (about 65%).

Through Porto Sul, a port terminal with capacity for up to 42 million tons, BAMIN will export its production to international markets. The Porto Sul port complex is being implemented and will be operated by BAMIN, in a partnership with the Government of Bahia. The port can handle vessels with a capacity of up to 220 thousand tons, 330 meters in length and a fully loaded draught of 18.3 meters.

Logistics solutions

The flow of the ore production extracted and processed at the Pedra de Ferro Mine in Caetité has as a logistical solution a mixed system composed of road, rail and sea modes, designed to meet each stage of the project.

Pedra de Ferro has recently started operations with production being loaded on to the FCA railway through the railway terminal of Licínio de Almeida.

When producing at full capacity, the ore will be transported by the West East Integration Railway (FIOL), which is being implemented, and by Porto Sul.

Porto Sul, which is already under construction, is a port complex in which it will be operated by BAMIN, in a partnership with the Government of Bahia.



Iron ore is the mineral substance from which iron can be obtained. Iron is an essential input for the production of steel and that's why it's so present in people's lives.

This indispensable raw material is part of our daily lives and is so connected to the most diverse products, that we are not even aware of its presence. It's at the base of the construction of our houses, in the pipes that bring water to the taps and showers, which also has iron in its manufacture -, in furniture and kitchen utensils. Iron is also found in cars, buses, subways, trains, motorcycles and bicycles that transport us either for work or leisure. Steel is also essential in the area of health, as it is present in hospital equipment such as X-ray devices and surgical instruments and even in prostheses. Iron ore is present in toys and leisure equipment such as skates and skateboards and helps us to keep our bodies healthy in the gym equipment. Iron is also in the beauty industry. Yes, many makeup items use minerals in their compositions and one of them is iron oxide.

Extraction and processing of ore in the city of Caetité.

Cargo transport through the West-East Integration Railway (FIOL).

Flow via private use terminal in Porto Sul, Ilhéus.

Pedra de Ferro

Pedra de Ferro is the most important iron mining project under development in Bahia. Implemented by BAMIN, the project includes extraction and processing of ore from the Pedra de Ferro Mine and logistical solutions that include rail and sea transport. The BAMIN project stands out for its high degree of innovation, one of the company's essential values, which guarantees processes of maximum efficiency and excellent results, in addition to sophisticated environmental and operational safety controls.

BAMIN will sustainably produce two types of minerals - Hematite and Itabirite, both accepted in tests on the international market - which extend over an area of 8,243.25 hectares, maintaining an area of Legal Reserve and Forest Compensation of 4,047.0215 hectares.

Hematite has a high purity content (about 65% Iron Ore), which allows dry processing, thus reducing water consumption in the process. With different characteristics, itabirite is extracted in greater depth and is separated by layers of sand, which requires the use of water in its processing.

Ensuring the preservation of water resources is one of the main concerns of BAMIN, which will collect water from the Rio São Francisco (São Francisco River). For this reason, the entire process is again anchored in innovation, with modern treatment methods for reusing a large part of the water in the processing of the ore and which will even increase the water supply in the region, by returning another part of the water, after treated and cleaned, in stretches of the Córrego da Cachoeira (Cachoeira Stream) and part of Rio Grande. The same rigor and care, the company will apply to the tailings dam of the beneficiation process. In addition to the implementation of the most modern construction standards for this type of equipment, the dam will have, among other technologies, more than 150 Manual and Automatic Monitoring and Control Instruments.

Disposal of tailings

Our project licensed by INEMA provides for the construction of a tailings dam downstream with a stability and safety coefficient of 2.24, well above the score of 1.5 required by Brazilian law and international practices. Always seeking to guarantee maximum safety, BAMIN has been researching the incorporation of tailings filtering facilities in the last two years, significantly increasing water recovery, converting the tailings dam into a dry pile facility and, therefore, implementing operational safety of state-of-the-art tailings. In addition to the safety aspects of the tailings filtration facilities, water recovery of more than 90% is significantly reducing water usage.

The completion of basic engineering is scheduled for July 2021 and will be presented to INEMA and ANM, to start the project and update the implantation license.

Porto Sul

The Porto Sul port complex will be built and operated by BAMIN, in a partnership with the Government of Bahia. With an investment of BRL 4 billion, the project has all environmental licenses. The implementation work has already started and is in its initial phase.

Through Porto Sul, a port terminal with a capacity of up to 42 million tons, BAMIN will export its production to the international market, making 50 percent of the port's total capacity available for other cargoes as well - such as grain, fertilizers, fuels, and other mineral goods. It should become the first port in the Northeast to receive ships with a capacity of up to 220 thousand tons.

West-East Railway

The West-East Integration Railroad-FIOL will be 1,527 kilometers long and will link Porto Sul to the Bahia cities of Caetité and Barreiras, and Figueirópolis, in Tocantins. Section 1 of the railroad, which goes from Caetité to Ilhéus, was acquired by BAMIN at an auction, wich will be responsible for completing the work and operating for 35 years. The FIOL is one of the main infrastructure projects under construction in Bahia.

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