Metals News
Shougang to Put online $1.5 Bln Iron Mine Brownfield Project in Peru in H2 2018
industry news
04:24PM
Sep 22,2017
Source:SMM

SHANGHAI, Sept. 22 (SMM) – Shougang Hierro Peru will put the $1.5 billion worth of iron mine brownfield project into production in H2 2018, which is located in Marcona.

It will increase ore processing capacity at the mine to 20 million tonne per annum.

Yonggang Suspends Wire Rod Plant for Maintenance

The iron mine has 2.18 billion tonnes of proven iron reserves, grading 55%. Besides, it also contains copper and zinc. 

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