MEXICO CITY Mexican
mining company Grupo México SAB de CV plans to increase
its copper production nearly 70 percent to 1.4 million tonnes
annually over the next five years, according to a senior
In order to reach this goal, the
Mexico City-based miner will seek to decrease its energy costs
by bringing two gas plants on stream in the country, Juan
Rebolledo Gout, vice president of international relations, told
delegates at the BNamericas Mexico Mining Summit in Mexico
"In Mexico, energy costs
represent about 28 percent of our costs, so we are building two
gas plants of 250 megawatts each," he said. "We have already
built one of them."
The company produced 826,209
tonnes of copper last year from its mines in Mexico, Peru and
the United States.
Mexicos Buenavista Mine,
one of the worlds largest copper mines, is controlled by
A version of this article was first published by AMM sister
publication Metal Bulletin.