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Lhg Mining was established in 2022, following the acquisition of MCR (Mineração Corumbaense Reunida) by J&F Group, the largest privately held Brazilian enterprise and the parent company of JBS, the world’s largest producer of animal protein. This marked the group’s first initiative in the mining sector. The company owns two mines in the state of Mato Grosso do Sul in Brazil, with vast reserves of high-grade iron ore and manganese ore. Its natural lump ore’s quality positions Lhg Mining as one of the best existing alternative source in the world for the production of green steel. The company operates with a lean structure of approximately 3,000 employees and manages its own private port along with an integrated mining and logistics system.