Unlocking Brazil's Iron Ore Potential
Tac Minerals specializes in acquiring, exploring, and developing hematite iron ore properties in Brazil, with its wholly owned Florália Hematite Iron Ore Property at the forefront
Established road network 20-km to rail terminal enroute to steel mills and shipping ports, buyers 20-km to Vale and 30-km to Arcelor Mitta.
Direct Shipping Ore (DSO) requires only simple crushing, screening, and dry concentration, minimising capital expenditure and future dilution.
Premium quality iron ore (DSO) with strong local market demand. Friable nature of the hematite ore allows for low-cost dry magnetic separation.
Driving Innovation in Hematite Iron Ore Mining
What We Do
Focusing on Brazil’s DSO (Direct Shipping Ore) Iron Ore Opportunities
TAC Minerals specializes in exploring and developing DSO iron ore properties in Brazil (world’s second largest producer), with its wholly owned Florália DSO Iron Ore Property at the forefront:
Exploration Target: 50 to 70Mt at 55-61% Fe1
- FL-001: 69.5% Fe at 81% recovery from 59.7%²
- FL-002: 66.9% Fe at 73% recovery from 59.7%²
- FL-003: 68.7% Fe at 78% recovery from 64.9%²
What Sets Us Apart?
Strategic Advantages & Development Plan
TAC Minerals is a premier iron ore exploration and development company focused on delivering Direct Shipping Ore (DSO) in Brazil with low-cost, environmentally responsible mining solutions.
- Looking forward, we estimate benchmark iron ore 62% Fe trading approximately at US $93 per ton over 12 months according to Trading Economics global macro models and analysts’ expectations.
- Brazil iron ore royalty is 3.5% compared to 7.5% in Australia. Minas Gerais is Brazil’s largest iron ore and steel producing state, actively promoting mining investment.
- Proximity to iron ore consumers offers logistical and economic advantages:
- Established 15-km road to rail terminal to domestic and overseas consumers
- Established road to local consumers Vale (15 km) and ArcelorMittal (26 km)
- High-resolution airborne LiDAR and magnetic survey.
- Total of 131 of 175 channels from the Florália Open Cut returned 50–61% Fe (2023–25). Low phosphorus values of 0.01 to 0.05%.
- Six diamond holes totaling 761 m, intersecting 222 m of oxidized iron formation, and 86 auger holes totaling 916 m, intercepting 143 m of iron formation.
- Dry low-cost processing eliminates the need for water permits and environmentally sensitive tailings dams. The friable nature of the hematite allows for low-cost dry magnetic separation. Inbras test work achieved:
- 69.5% Fe from 59.7% Fe (81% recovery)
- 66.9% Fe from 57.7% Fe (73% recovery)
- 61.5% Fe from 50.4% Fe (71% recovery)
- 60.2% Fe from 46.2% Fe (78% recovery)
- Feasibility, environmental, and permitting components underway for planned 1.5 Mtpa. Five similar-size operations within 50 km selling DSO to local markets.
Investment Highlights
Our strategic location and streamlined mining process allow for low-cost operations, rapid development, and strong market access.
Management Track Record
Henrique De Sales: Responsible for developing DSO mines in Brazil.
