Asset Report
Las Truchas iron ore mine
Report summary
Las Truchas is a small surface mine owned and operated by ArcelorMittal located near the town of La Mira in Michoacán state, Mexico. The operation supplies lump, fines and concentrate products to ArcelorMittal's nearby Lázaro Cárdenas steel mill. Pellets produced at Lázaro Cardenas feed both the mill's blast furnaces and DRI plant. Las Truchas production is set to fall by over 20% in 2020, given lower iron ore requirements from Lázaro Cárdenas following the coronavirus crisis. Despite lower production volumes, we expect Las Truchas costs to decrease in 2020 mostly as a result of lower oil prices.
Table of contents
- Summary
- Key Issues
Tables and charts
This report includes 12 images and tables including:
- Detail map
- Participation
- Marketable reserves (at 01/01/2021)
- 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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