Peruvian iron ore output in August surged 87.4 percent, year-on-year, according to data released by the nation’s ministry of mines and energy.
According to the government, production at the country’s only iron ore producer, Shougang Hierro Perú, reached 668,730 mt in August, up from 356,731 mt a year ago. The ministry said the surge in iron ore output is due to the higher production of lumps and other related-products.
Official data said the commodity’s production in the January-August period rose 6.42 percent, year-on-year, to 5.5 million mt.