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Friday, September 11, 2026

Business Brazil

Brazilian Miner Buritirama Surpasses Vale in Manganese Exports

By · July 26, 2026 · 3 min read

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Company News · Brazil

Key Facts

The mine. Buritirama’s open-pit operation in Pará is the largest manganese mine in Latin America, with capacity above 2.5 million tonnes a year.

The lead. It accounts for roughly 70% of Brazil’s manganese exports and has surpassed Vale in the metal.

The owner. Engineer João Araújo bought the company from his father, Silvio Tini, in 2018 and drove its expansion.

The growth. Revenue jumped from about R$80 million (US$15 million) in 2015 to some R$750 million (US$139 million) by 2018.

—The plan. Buritirama has lined up roughly R$400 million (about US$74 million) in investment over three years and holds a 10-year rail-use contract for logistics.

Buritirama, a family-owned miner in the Amazonian state of Pará, has quietly overtaken Vale to become Brazil’s manganese leader, and is now betting on a fresh round of investment and long-term rail access to defend that lead.

Manganese mining
Manganese is a key input for steelmaking; Buritirama leads Brazil’s output. (Photo: Wikimedia Commons)
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The Miner That Passed Vale

Manganese rarely makes headlines, yet it is essential to steelmaking, and Brazil is a major exporter. In that niche, Buritirama has become the country’s biggest player, edging past mining giant Vale.

Its Pará operation, the largest open-pit manganese mine in Latin America, can produce more than 2.5 million tonnes a year. That scale gives it roughly 70% of Brazil’s manganese exports and pricing influence with buyers in China and Europe.

A Family Bet That Paid Off

Engineer João Araújo took control in 2018, buying the company from his father, Silvio Tini. Under his ownership the business expanded aggressively, financed through Brazilian and foreign banks.

The results were dramatic: revenue rose from about R$80 million (US$15 million) in 2015 to some R$750 million (US$139 million) by 2018. That trajectory turned a regional miner into a global manganese reference.

Live Company IntelligenceVale SA ADR — the full investor dossierInside: live share price, market cap, three-year financials, valuation, ESG and peer benchmarks — plus the latest Rio Times coverage.
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◆ Live Company Intelligence
Vale
NYSE: VALEVALE3Basic MaterialsOther Industrial Metals & Mining65,805 employees
$65.71B
Market cap
Analyst target $16.68

Wall Street view

3.9Moderate Buy/ 5
14 Buy12 Hold0 Sell
Avg. price target $16.68  ·  +10% vs 200-day

Valuation & profitability

Market cap$65.71B
Revenue (TTM)$218.07B
P / E ratio30.9
Profit margin4.8%
Return on equity4.1%

Price & risk

52-wk low
$9.76
52-wk high
$17.44
Beta (volatility)0.75
200-day average$15.20

Revenue trend · 6y

20202025
Latest $38.23B

Ownership

Institutions20.8%
Shares outstanding4.26B
Top holderCapital World Investors
Institutional holders5+ funds

Dividend

Yield35.2%
Payout ratio2.0%
Fwd. annual$1.19
What Vale does. Vale S.A., together with its subsidiaries, produces iron ore and nickel in Brazil, Asia, the Middle East, North Africa, Europe, the Americas, and Oceania. The company operates in two segments, Iron Ore Solutions and Vale Base Metals. It extracts, produces, and distributes iron ore, iron ore pellets, briquettes, nickel, copper, other ferrous…
Data: RT fundamentals (VALE.US) · figures in USD · as of 11 Sep 2026More company intelligence →

Logistics as the Real Battleground

In the Amazon, moving ore to port is as decisive as digging it up. Buritirama secured a 20-year contract for rail use, locking in the logistics backbone that underpins its exports.

That access is central to challenging Vale, whose control of Carajás-region infrastructure has long shaped the sector. Reliable rail lets Buritirama compete on cost as well as volume.

What Comes Next

The company has earmarked around R$400 million (about US$74 million) in investment over the next three years, again leaning on bank financing. The goal is to entrench its lead as global demand for battery- and steel-grade manganese evolves.

For Pará, the expansion means jobs and export earnings in a state hungry for both. For the sector, it is a reminder that a focused family firm can outrun a giant in the right niche.

Frequently Asked Questions

What is Buritirama?

Buritirama is a family-owned Brazilian miner whose open-pit operation in Pará is the largest manganese mine in Latin America, producing more than 2.5 million tonnes a year.

Has Buritirama really overtaken Vale?

In manganese, yes. Buritirama accounts for roughly 70% of Brazil’s manganese exports, surpassing Vale in that specific metal, though Vale remains far larger overall.

How much is Buritirama investing?

The company has lined up about R$400 million (roughly US$74 million) in investment over three years and holds a 20-year rail-use contract to support exports.

Sources

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

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