It is located in the municipality of Parauapebas, state of Pará in the Carajás Mountains of northern Brazil.

The mine is operated as an open-pit mine, and is estimated to contain roughly 7.2 billion metric tonnes of iron ore, plus gold, manganese, bauxite, copper, and nickel.

[1] The mine is run by the Brazilian mining corporation Vale (formerly the Companhia Vale do Rio Doce), and was initially part-owned with US Steel from 1970 to 1977.

[1] The mine is located in the mining concession area of the Carajás National Forest, which "contains known reserves of 18 billion tons with an average grade of 65.4% Fe.

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