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19 Jul
10:26

Peru's SHP increases iron ore production in May

Iron ore producer Shougang Hierro Peru (SHP) saw its output increase year-on-year in June, Kallanish learns from monthly data issued by Peru’s mines and energy ministry. Peru's sole iron ore producer produced 816,711 tonnes in May, 15.9% more than the same month of 2016. Cumulative January-May production reached 3.77 million tonnes, up by 9.1% year-on-year. As reported, SHP confirmed that it secured a loan of up to $500 million from C…
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