Itabira is a city in Minas Gerais, Brazil. It is located 112 km (72 miles) east of the state capital Belo Horizonte. It has a population of 104,800 (IBGE estimate 2005). Flag of Minas Gerais See other Brazilian States Capital Belo Horizonte Largest City Belo Horizonte Area 586,528. ... Belo Horizonte (a Portuguese name meaning beautiful horizon) is the third or fourth largest city in Brazil (after São Paulo and Rio de Janeiro, and, by population within the city limits, Salvador. ... IBGE, the Brazilian Institute of Geography and Statistics (Instituto Brasileiro de Geografia e Estatistica), is the agency responsible for statistical, geographic, cartographic, geodetic and environmental information in Brazil. ...
Itabira is best known for Companhia Vale do Rio Doce (CVRD), one of the world's largest metallurgical conglomerates which was founded in the town in 1942. Companhia Vale do Rio Doce - CVRD is a global diversified mining company and is also the largest logistics operator in Brazil. ...
The Itabira District is located some 80 km to the ENE of Belo Horizonte in Minas Gerais, within an outlier of the Rio das Velhas and Minas Supergroups that are infolded into the surrounded Archaean gneissic complex which separates them from the main Quadrilátero Ferrífero.
The iron ores of the Itabira district occur both as hard high grade, 67% Fe hematite and as friable lower grade, 45-50% Fe itabirites that must be upgraded.
The Itabira district is reported to contain a total of 897 million tonnes of iron ore reserves as of the end of 2002, comprising 401 Mt of hematite and 496 Mt of itabirite.