Why Invest in Ero?
Ero is a leading Brazilian copper and gold producer with a strong portfolio of operating assets, near-term growth opportunities, and a robust development project. Since its IPO in 2017, the Company has a strong track record of growing production while also expanding the reserve and resource base at each of its operating assets. Ero is focused on responsible, high-margin production with strategic expansion in one of the world’s most promising copper regions. With a disciplined approach to capital allocation, a strong balance sheet, and a commitment to sustainability, Ero is positioned to deliver long-term value to shareholders while contributing to the communities where it operates.
Ero operates two copper mines, one gold mine, and is constructing a copper-gold project, making it Brazil’s second largest copper producer with significant gold production. Brazil offers a well-established mining framework, a skilled and experienced workforce, and a long history of stable mining operations with predictable tax and royalty policies.
Ero is unlocking value through organic brownfield projects and optimizations across its operations. At Caraiba, the external shaft project expected in 2027 will provide access to the high-grade “Deep” zone at the Pilar mine allowing for increased ore production, multiple working areas and reduced ore haulage requirements and costs. At Xavantina, the transition to fully mechanized mining allows for faster underground development rates allowing for increased operational flexibility and ore production while enhancing health and safety initiatives. At Tucumã, continued ramp up is unlocking production growth.
Ero is developing the Furnas Copper-Gold Project in partnership with Vale Base Metals in the world-class Carajás mineral province of Pará State, Brazil. Under a five-year earn-in agreement, Ero is responsible for drilling and delivering a scoping study, pre-feasibility study, and feasibility study, leading to a potential investment decision. The project benefits from its location in an established mining area with access to paved roads, railways, and existing power infrastructure.
Ero’s strong financial position supports its growth strategy, with a focus on deleveraging as Tucumã ramps up and cash flows strengthen.
Ero is committed to responsible mining and creating long-term value for the communities where it operates, with initiatives that integrate environmental stewardship, social development, and governance best practices.