Industrias Penoles SAB de CV - Company Profile
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Business Description
Industrias Penoles SAB de CV (Penoles) is a mining company. It is involved in the extraction, smelting, and refining of nonferrous metals, and the manufacturing of chemical products. The company produces refined silver and a producer of refined gold and lead in Latin America. Penoles also produces refined zinc and sodium sulfate. The company operates in various sectors, including mining, metallurgy, and chemicals. Its mining operations are divided into base metals and precious metals. Base metal operations include units such as Velardena, Sabinas, Tizapa, Capela, and Milpillas, while precious metal operations include Herradura, Ciénega, Fresnillo, Soledad-Dipolos, Saucito, San Julian, and Juanicipio. Metallurgical operations are conducted at facilities including Metalurgica Met-Mex, Bermejillo, and Aleazin. The company also has infrastructure projects such as Línea Coahuila-Durango, Termoelectrica Penoles, Termimar, and several wind energy projects. Chemical operations are carried out at Química del Rey, Fertirey, and Industrias Magnelec. Penoles serves a diverse range of customers across various markets, including Mexico, North America, Europe, Asia, and Central and South America.
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Business Segments
Overview
Includes mineral exploration, extraction and processing of zinc, lead and copper. The produced zinc and lead concentrates are treated and refined at Met-Mex metallurgical complex. Also, extracts copper ore, separates copper through the use of solvents and refines through electroplating to obtain the highest grade LME Grade-A copper cathode.
Performance
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Overview
Includes treating and refining the concentrates and dores from the precious metals and base metals businesses. Operates an electrode plant that produces zinc cathode; and smelting refining plant that produces refined silver and gold, along with molded lead.
Performance
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Overview
Includes mining, extraction and processing of silver and gold. Carries out prospecting and exploring new deposits and developing mining units for future mining operations.
Performance
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Overview
Includes production and sale of chemical products; provision of services under government concessions related to water treatment and rail transportation; and administrative and operating support activities.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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