Asset Report

Marcona iron ore mine

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Report summary

Marcona is a mid-sized surface mine in Peru, located approximately 420 kilometres southeast of Lima. It is the only large-scale iron ore mine currently operating in Peru and is owned by the Shougang Group. Marcona also has the distinction of being the first mine acquired by Chinese steelmakers as part of a strategy aimed at securing their own supply. Shougang is in the process of expanding Marcona's capacity. The project's Phase I was completed in 2016 and enables the mine to increase lump output. Phase II will allow Marcona to increase fines and concentrate production and eventually decrease high-grade, scarce lump output. 

What's included

This report contains

  • Document

    Marcona.xls

    XLS 228.00 KB

  • Document

    Marcona iron ore mine

    PDF 612.32 KB

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:

Tables

  • Key facts: Table 1
  • Participants (%)
  • Marketable reserves (at 01/01/2018)
  • Production
  • Operational summary
  • Infrastructure
  • Cash cost (US$/tonne)
  • Capital costs (US$ million)
  • Product quality
  • Economic assumptions

Images

  • Detailed map
  • Production
  • Cash cost

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