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21 Sep
10:07

Peru`s SHP expects to double Marcona mine capacity

Shougang`s Hierro Peru (SHP) capacity expansion is set to cost nearly $1.5 billion, says company general manger Raul Vera La Torre. He was speaking at the Perumin mining conference held in Arequipa. SHP expects to almost double the iron ore capacity at its Marcona mine. The sole Peruvian iron ore miner plans to expand output in the second half of 2018 to recover ore from the company's tailings. This will add an additional 10 mil…
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