Steel giant ArcelorMittal has commenced operations at its new US$157 million iron ore concentration plant in Fundicion, Sonora, according to an October 15, 2008 report in El Financiero.
The plant will process approximately 2 million tons of iron ore per year. The ore will be extracted from various locations throughout Sonora. Once concentrated, the ore will be transported to ArcelorMittal’s Lazaro Cardenas steel manufacturing facility, where it will be processed into value-added steel products.
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