Grupo Mexico to boost production at home, in Peru
By Staff -- Purchasing, 9/7/2006 2:00:00 AM
Mexican mining company Grupo Mexico plans to raise its copper production through expansions at the Cananea mine in northwestern Mexico and the Tia Maria project in southern Peru. Southern Peru Copper, a subsidiary, will produce 110,000 metric tons/year of copper cathode at Tia Maria using the SX-EW (solvent extraction-electrowinning) process. The project is expected to take two years to complete.
Grupo Mexico produced 690,000 metric tons of copper in 2005. In the first half of 2006, output was down 13.8% from the year-ago period to 285,000 metric tons, affected by strikes at La Caridad and Cananea mines. The Mexico City-based company expects to make decisions on the Los Chancas project in Peru and El Arco in Mexico by the end of November. All these projects combined could raise copper output by 470,000 metric tons and molybdenum production by 20 million pounds within about four years.
Grupo Mexico wins Asarco
03/14/2010Mission mine to cut copper
12/07/2000Metals News
01/29/2002
Now Playing: 