Shougang Hierro Perú S.A.A. (Shougang Perú)
Get all the information about Shougang Hierro Perú S.A.A. (Shougang Perú), a company operating mainly in the Mining & Metals sector. Connect with its key contacts, projects, shareholders, related news and more. The company has operations in Peru, which include Mining Companies. Write to us at info@bnamericas.com or call us at +56 (2) 29410300 to schedule a demonstration of our platform.
Description:
Shougang Hierro Perú S.A.A., a subsidiary of Chinese steel group Shougang Co., is Peru's only iron ore producer. The Lima-based company operates the Marcona mine in Ica region, which is undergoing a US$1bn expansion to produce 10Mt/y by 2016. Shougang is one of the country's largest investors in Peru's mining sector, and has been working on its mine expansion since 2009. Despite a three week strike that ended in September, iron ore sales volumes rose 2% to 10.69Mt in 2014. Shougang Hierro's proven and probable iron ore reserves total 2.09Bt
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Peru exploration projects involving over US$50mn get drilling nod
The Quelcaya and Palca projects received authorization to begin drilling.
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