Explore the latest trends and actionable insights on the Global Iron Ore Mining market to inform business strategy and pinpoint opportunities and risks.
Pena Colorada Mine in Colima, was the largest iron ore-producing mine in Mexico, producing approximately 3,900 thousand tonnes of iron ore and an estimated 12.3 million metric tons per annum (mmtpa) of Run-of-Mine (ROM) in 2021. The Pena Colorada Mine is owned by Ternium SA, and is due to operate until 2038. The second largest iron ore-producing mine with an estimated iron ore production of 3,259 thousand tonnes and an estimated 4.35 mmtpa of ROM, was the Hercules Mine located in Colima. The Hercules Mine is owned by Altos Hornos de Mexico SAB de CV.
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