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Latest News in Peru / Archive
Mining/Energy | 16 June, 2008 [ 18:45 ]
Shougang Hierro Peru agreed Monday to start the project of its iron mine new zone in Marcona (Ica), which will demand an investment of around 1 billion dollars.
In the board of directors session carried out today the company approved the development of new mines, the implementation of infrastructure that includes a new benefit plant and a pellet plant.
The project aims to obtain an increase in the annual production capacity of eight million tons. Last year, the company production totaled seven million 711,000 tons of mineral.
Shougang Hierro Peru is a company of iron ore that belongs to the Chinese group Shougang from 1993.
Its mining center of metallurgical operations is located on the Peruvian coast, to 530 kilometers ( Lima’s south), in the district of San Juan de Marcona, Nazca province (Ica).
Shougang's production obtained in Peru is mainly sent to the Chinese market.
News source: ANDINA
Shougang Hierro Peru to invest US$1 billion to double annual production
Shougang Hierro Peru agreed Monday to start the project of its iron mine new zone in Marcona (Ica), which will demand an investment of around 1 billion dollars.In the board of directors session carried out today the company approved the development of new mines, the implementation of infrastructure that includes a new benefit plant and a pellet plant.
The project aims to obtain an increase in the annual production capacity of eight million tons. Last year, the company production totaled seven million 711,000 tons of mineral.
Shougang Hierro Peru is a company of iron ore that belongs to the Chinese group Shougang from 1993.
Its mining center of metallurgical operations is located on the Peruvian coast, to 530 kilometers ( Lima’s south), in the district of San Juan de Marcona, Nazca province (Ica).
Shougang's production obtained in Peru is mainly sent to the Chinese market.
News source: ANDINA
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