Asset Report

El Volcan iron ore mine

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13 April 2018

El Volcan iron ore mine

Report summary

El Volcan is a surface mine located near the town of Rosario in Mexico's state of Sonora. The mine is owned and operated by ArcelorMittal, supplying the company's Lazaro Cardenas steel facility. After more than one year closed, the El Volcan operations were resumed in the first quarter of 2017 as a result of a revised mine plan in light of improved price conditions. El Volcan's ore is trucked roughly 120 kilometres from the mine site to its processing plant outside the city of Ciudad Obregon, before being railed to the company's port in Guaymas. This makes costs at the operation much more sensitive to changes in diesel prices than would be typical of other operations in the area.

Table of contents

  • Key facts
    • Summary
    • Key Issues
  • Location maps
  • Participation
  • Geology
  • Reserves and resources
  • Production
  • Operations
  • Infrastructure
  • Costs
  • Sales contracts
  • Economic assumptions

Tables and charts

This report includes 13 images and tables including:

  • Key facts: Table 1
  • Detail map
  • Participation
  • Marketable reserves (at 01/01/2018)
  • Production
  • Production
  • Operational summary
  • Infrastructure
  • Cash cost
  • Cash cost
  • Capital cost
  • Product quality
  • Economic assumptions

What's included

This report contains:

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