LATIN AMERICA
Maria mine ( Arequipa , Peru ) is projected to deliver 120,000 tons of copper , once local authorities concede the required permits . Also in Peru , the Toquepala mine ’ s expansion received a $ 1.4 billion investment to maintain productivity at a 100,000 tons a year average .
Latest explorations include the “ El Arco ” copper deposit , in the Baja California peninsula ; the area in which “ El Arco ” is located is being provided of the necessary infrastructure before beginning excavation and mineral extraction .
The tender earned to work in the Iberian Pyrite Belt , along with current ongoing projects and production levels could triplicate Grupo Mexico ’ s zinc production .
The Infrastructure division is also involved in a very important project : the construction of a highway between the cities of Salamanca and Leon , both in the State of Guanajuato , of the “ Bajio ” zone , where an important industrial cluster ( mainly automotive ) is located , keeping busy all currently available routes .
Upcoming business opportunities for Grupo Mexico would exist as a result of the current reforms and the grade in which the new laws could ease trade and infrastructure development . “ We are seeking other companies that share our same values and goals , that share a desire to invest in Mexico ,” Garcia de Quevedo concluded .
Company Information
NAME
Grupo Mexico
INDUSTRY
Mining , Transportation , Energy , Construction , Infrastructure
HEADQUARTERS
Mexico , Distrito Federal , Mexico
FOUNDED
1942
EMPLOYEES
29,800
REVENUE
USD $ 10 billion
WEBSITE www . gmexico . com . mx www . gmexico . com . mx 91