GGB Gerdau SA

 

 

U.S. SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE

SECURITIES EXCHANGE ACT OF 1934

 

Dated August 9, 2023

 

Commission File Number 1-14878

 

GERDAU S.A.

(Translation of Registrant’s Name into English)

 

Av. Dra. Ruth Cardoso, 8,501 – 8° andar

São Paulo, São Paulo - Brazil CEP 05425-070

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

 

Form 20-F x       Form 40-F ¨

 

 

 

Exhibit Index

 

Exhibit	Description of Exhibit
99.1	Material Fact, August 9, 2023

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

Date:  August 9, 2023

 

	GERDAU S.A.
	By:	/s/ Rafael Dorneles Japur
	Name:	Rafael Dorneles Japur
	Title:	Executive Vice President Investor Relations Officer

 

 

Exhibit 99.1

 

 

GERDAU S.A.

Tax ID (CNPJ/ME) 33.611.500/0001-19

Registry (NIRE): 35300520696

 

material fact

Gerdau announces certification of iron ore reserves in Minas Gerais

 

Gerdau S.A. (B3: GGBR / NYSE: GGB) hereby informs its shareholders and the general market that the independent certifier SRK Consulting has prepared the certification report for the iron ore reserves at the mine located in Miguel Burnier District, municipality of Ouro Preto (MG - Brazil). The herein mentioned mining operations are integral part of Brazil Business Segment, with the main focus on supplying iron ore for it.

 

The certification is a significant milestone for the BRL 3.2 billion investment in Gerdau's sustainable mining platform, aimed to provide ore with high-quality and competitive cost for the Ouro Branco (MG) plant, while also playing an important role in its decarbonization process. Disbursements for the year 2023 are already included in the investment Plan announced on March 1, 2023.

 

According to the conclusions of the report, the Company started to have certified reserves of 476 million metric tons¹ of iron ore, according to the table below:

 

Miguel Burnier Summary Mineral Reserves at January of 2023

 

Classification		Million tonnes1
Proven		138
Probable		338
Proven and Probable		476

Source: SRK, 2023

 

The Report was prepared according to industry best practices and in accordance with subchapter 1300 of Regulation S-K issued by the U.S. Securities and Exchange Commission – SEC, considering the technical report standard established by said regulation.

 

Considering the expected annual production level of 5.5 million metric tons² of iron ore from the sustainable mining platform, the certified reserves indicate a 40-year life-of-mine from the investment, reinforcing Gerdau's commitment to the socioeconomic development of the state of Minas Gerais today and in the future.

 

São Paulo, August 09, 2023.

 

Rafael Dorneles Japur

 

Executive Vice-President and Investor Relations Officer

 

¹ Dry metric ton; ²Wet metric ton, assuming a humidity of 10%.

 

 

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