El Mutún, Iron ore mountain in Germán Busch Province, Bolivia.

El Mutún is a low range of hills of red-brown earth and rock rising between vegetation and water in Germán Busch Province, near Puerto Suárez. Its mineralised area covers about 75 square kilometres, with hill heights between 200 and 755 metres, and small machines work the slopes of the mounds.

Commercial extraction attempts began in the early 2000s, when Brazil's EBX planned a foundry but was expelled by the Bolivian government in 2007. India's Jindal Steel signed a contract in 2007, invested only US$20 million by 2009, and exited in 2012. The state-owned Empresa Siderúrgica del Mutún continues to plan operations, and its steel plant began operating in 2025.

Ancient petroglyphs discovered at the base of El Mutún display circles and human footprints, indicating human presence from 4,000 years ago.

The deposit lies near Puerto Suárez in Germán Busch Province, at the eastern edge of Santa Cruz Department, beside Brazil's Urucum massif. The ore body covers about 75 square kilometres of low hills rising between 200 and 755 metres. The state-owned Siderúrgica del Mutún has operated steel processing here since 2025, so expect active mining infrastructure rather than a visitor site.

Archaeological findings suggest the region has been visited by people for thousands of years. Petroglyphs at the mountain's base show symbols and markings left by ancient inhabitants.