17
Nov
19:06
ArcelorMittal invests in Las Truchas mine in Mexico
ArcelorMittal plans to further integrate its operations in Mexico with a $150 million investment at its Las Truchas iron ore mine in the state of Michoacán.
The investment will improve concentrate grade and increase pellet feed production by 1m tonnes/year to 2.3m t/y, Kallanish learns from the company’s recent earnings report.
DRA Global has already been chosen to supply a new iron ore concentrator for the project (see Kallanish 8 July).
The compan…
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Very good overview of the weekly steel market.
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