ArcelorMittal Mexico has hired DRA Global to perform an engineering and procurement contract for the steelmaker’s Las Truchas iron ore site, DRA said. DRA will build a new iron ore concentrator, at the same time it will also transfer the ore feed to the new facility.
ArcelorMittal owns three iron ore mines in Mexico: the San Jose and Las Truchas mines, as well as the Peña Colorada mine, which it owns through a joint operation with Ternium.
“DRA will assist with the commissioning of the new concentrator and start-up assistance,” DRA said in a statement.
The Las Truchas is an open pit iron ore mine located 27km (16.7 miles) from its Lazaro Cardenas steel mill in Michoacan state, Mexico. ArcelorMittal said in a recent SEC filing that part of the mine’s surface rights expired in 2018 and have since been re-negotiated. However, the company obtained a 10-year extension which will expire in May 2029.