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09 Jun
13:55

Ferrominera to double iron ore production from July

Venezuelan state-owned miner Ferrominera del Orinoco (FMO) forecasts that it will double its monthly iron ore production from 600,000 tonnes to 1.2 million tonnes from July. It intends to reach 1.8m tonnes/month by the end of 2017, FMO president Isaías Suárez, told local media. FMO expects to increase the output thanks to improvements in the transport and handling of its ore, as a result of an investment of $1 million in new equipment, Kallanish no…
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