Salobo
Mining
Type
Operating
Status
🇧🇷 Brazil, Pará (Carajás Iron Province)
Country
Project information
As at 31 December 2025
Aggregation level:
Asset
Aggregation level:
Asset
Report standard:
Sec S K 1300
Report standard:
Sec S K 1300
Ownership %:
90
Ownership %:
90
Operator:
Yes
Operator:
Yes
Extraction:
Open Pit
Extraction:
Open Pit
Description
As at 31 December 2025
Salobo copper-gold concentrate operation in Carajás, Pará. Reported record output in 2025, the main driver of group-level copper production reaching its highest level since 2018. The Salobo 3 expansion progressed as planned — second processing test in March 2025 achieved an average rate exceeding 35 Mtpa for 90 days, triggering Wheaton's milestone payment under the streaming agreement (annual payments are expected for up to 10 years subject to operational targets and copper grades).
Mining metrics
Multiple effective dates
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