RESOURCES NEWSLETTER EDICIÓN 25 JULIO 2013 | Page 20

Resources Newsletter
Resources Newsletter
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CoroCoro sell 600 tons of copper to Holland
The Company Hydrometallurgical CoroCoro state exported to Holland 600 tons of cathode copper worth US $ 4mn , Hugo said Shock , general manager of the company was quoted by the local press .
" We are sending 600 tons to Holland , prices are fixed as international prices vary and these tons are valued at four million dollars ," he said . According to Shock the expectation is that will materialize other exports of 300 tons until late July , worth approximately US $ 2mn . According to the Ministry of Mines , in 2012 CoroCoro exports reached 1,262 metric tons .
It is expected that the state company double its copper production from August . " The company produces 110 tons of copper , and from August we will increase production to 150 tons per month , meaning that we will double the production ," he said .
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MEXICO

Producción de acero llegara a 5mt / a .
El presidente de México Enrique Peña Nieto inauguró la Planta Fénix de Altos Hornos de México , para la producción de acero , en Coahuila , la que producirá 1.2 millones de toneladas de acero al año ( Mt / a ).
El objetivo es que con esta nueva producción de acero , las empresas automotrices y otros sectores ya no tendrán que importar el acero , lo podrán comprar en México a precios más bajos .
Los US $ 2.300mn invertidos , permitirán incrementar la capacidad productiva de esta empresa , explicó el mandatario . Proyecto Fénix , el mayor productor de acero que generará más de 2.000 empleos directos y más de 15.000 empleos indirectos .
El proyecto de la empresa inició desde 2007 y tiene como objetivo final producir 5Mt / a de acero líquido . ______________________________________
Steel production reached 5Mt / y
The president of Mexico Enrique Peña Nieto Phoenix Plant inaugurated Altos Hornos de Mexico , for steel production in Coahuila , which will produce 1.2 million tons of steel per year ( Mt / a ). The aim is that this new steel production , automotive companies and other sectors will no longer have to import steel , Mexico can buy at lower prices .
The US $ 2.300mn invested to increase the production capacity of the company , said the president . Project Phoenix , the largest steel producer will generate more than 2,000 direct jobs and 15,000 indirect jobs . The project of the company started since 2007 and aims eventually produce 5 Mt / y of liquid steel .