Chilean iron ore producer CAP Mineria told local press it’s in the process of restarting iron ore output at its El Romeral mine, as commodity prices have risen in the past few weeks.
CAP said the mine is “in the process of normalizing its activities, following [the company’s] collective vacations,” late last year.
CAP Mineria announced in December it suspended iron ore output due falling commodity prices and as a result of high electricity costs.
At the time, CAP said output at its Valle de Copiapo magnetite plant should be halted for two months, from January to February. Output at its El Romeral and Puerto Guayacán iron ore mines were suspended as well.