BNamericas provides a roundup of the week's most important Mining & Metals news in Latin America.
During the first quarter, the Brazilian steelmaker managed to reduce its indebtedness by 17% as part of a financial restructuring process, its CEO said.
Companies provide updates on projects in Argentina, Ecuador, Peru and Brazil.
Companies with gold, manganese and ferroalloy operations in Colombia and Mexico issue financing updates.
Present in Chile since 2004, it plans to expand its operations in the country thanks to its unique value proposition and its RIOFLEX bulk technology. It is a market leader in Bolivia and has participated in the Panama Canal expansion project, one of the most complex engineering works in history.
Peru produced 2.45Mt of copper in 2017, up 4% from 2.35Mt the previous year as China Minmetals, Chinalco and Nexa Resources' Milpo unit ramped up output, offsetting declines at mines operated by Freeport-McMoRan, Antamina, Glencore, Hudbay Minerals, El Brocal and Gold Fields.