Mexico’s iron ore, coal outputs down in May

Iron ore production in Mexico fell by 2.9% year-on-year in May 2012 to 694,163 tonnes, according to national statistics agency Inegi.

Iron ore production in Mexico fell by 2.9% year-on-year in May 2012 to 694,163 tonnes, according to national statistics agency Inegi.

Mexican copper output rose by 4.2% to 35,911 tonnes in May compared with the same month last year.

Coal production fell by 0.9% year-on-year to 1.74 million tonnes, Inegi’s figures showed.

Lead production dipped by 8.6% to 16,447 tonnes, while zinc output increased by 7.1% to 39,872 tonnes.

Output of gold increased by 3.5%, while silver expanded the most, in percentage terms, notching up an 18.6% rise over May 2011.

Rodrigo Alonso 
ralonso@metalbulletin.com

What to read next
Roughly 40,000 tonnes per month of copper cathode that once flowed smoothly into the United Arab Emirates (UAE) through Jebel Ali had few options to reroute after the Strait of Hormuz officially closed on Monday March 2, with the only alternative entry points — Khor Fakkan and Fujairah — already straining under the weight of diverted cargo, market sources told Fastmarkets.
Navigating market volatility with data-driven strategies for resilient mining operations
The publication of several of Fastmarkets' copper concentrates indices was delayed on Friday February 27 because of a technical error. Fastmarkets' pricing database has been updated.
Discover how fear, deglobalization and AI are transforming the copper market. Insights from the Fast Forward podcast's interview with David Lilley of Drakewood Capital.
Fastmarkets has corrected its MB-BX-0016 Bauxite, cif China, price assessment, which was published incorrectly on Friday February 20.
Fastmarkets invited feedback from the industry on the pricing methodology for its non-ferrous materials and industrial minerals prices, via an open consultation process between January 6 and February 6. This consultation was done as part of our published annual methodology review process.