Asset Report
Pena Colorada iron ore mine
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Peña Colorada is a mid-sized surface mine located near the town of Minatitlan in Colima state, Mexico. The mine is a 50/50 joint venture between ArcelorMittal and Ternium, though it is operated by the former. Each company assumes its pro rata share of the production, which is split between concentrate and pellets. Despite slightly lower production volumes, Peña Colorada's costs fell by 7% in 2020 primarily as a result of lower oil prices. The operation has a fairly high sensitivity to changes in diesel prices compared to other mines as its output is trucked 50 kilometres to the pelletising plant in Manzanillo. In 2016, Peña Colorada completed a project that revamped its crushing and grinding systems. This, ultimately, now allows the operation to run more efficiently its 4.5-Mtpa concentration plant.
Table of contents
- Summary
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Key Issues
- Emissions
Tables and charts
This report includes the following images and tables:
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Peña Colorada Emission Intensity Quartile Ranking - total global production - tonnes of oreDetail mapParticipation
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Marketable reserves (at 01/01/2024)ProductionProductionOperational summaryInfrastructureCash CostCash costCapital costProduct quality
- 1 more item(s)...
What's included
This report contains:
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