27
Mar
14:19
Venezuela's FMO to double production capacity in 2017
Venezuela’s state-owned Ferrominera del Orinoco (FMO) forecasts an almost doubling of its iron ore production to 14 million tonnes in 2017, Isaías Suárez Chourio, President of FMO, told local media during Expo Venezuela Potencia.
FMO expects to increase its output of hot-briquetted iron to some 500,000 tonnes/year, while pellet production should nearly reach 1 million tonnes in 2017, said Chourio. He added that the three-year on-going re…
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