Overview
| Stage | Production |
| Mine Type | Open Pit |
| Commodities |
|
| Mining Method |
|
| Production Start | ...  |
| Mine Life | 6 years (as of Jan 1, 2021) |
Las Encinas produces iron ore pellets and magnetite concentrate in Mexico. At present, Las Encinas operates the Aquila and Palomas open pit mines located in Michoacán and Jalisco, respectively. |
Source:
p. 41
Ternium has a 100% interest in Las Encinas, an iron ore production facility in Mexico.
Contractors
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Summary:
Aquila is a mine composed predominantly of magnetite with a hematite roof and sulphides and silicates gangue. The form of mineralization is massive and disseminated (mineralized hornfels, endoeskarn), with mineralized gaps. The mine site is hosted along a large failure line and between the contact of an intrusive diorite and limestone, and the shape of the deposit is slightly amorphous, crossed by a countless number of dams and mainly controlled by geological structures.
Palomas is a skarn mine with calcareous-pelitic ferrous type. It is formed by massive, and bordered by disseminated mineral. The bodies are disposed in concordant tabular horizons with a northwest and southeast-oriented pseudo stratification and northeast-oriented dip. The mineralization is predominantly magnetite and the gangue mineral is composed of garnet, pyrite and calcite. The surrounding rocks are skarn (calcareous protolyte, clayey calcareous and Cretaceous sandy) or hornfels (clayey protolyte). The stratigraphic sequence is affected by dyke intrusions of monzonitic and granite composition.
Summary:
At present, Las Encinas operates the Aquila and Palomas open pit mines located in Michoacán and Jalisco, respectively.
At the Aquila site, Las Encinas holds all the mining rights for the extraction of iron ore. The Aquila operations (including an open pit mine and crushing facilities) stand on 586 hectares, which are leased to Las Encinas by the local community of San Miguel de Aquila. The lease agreement allows Las Encinas to perform all mining activities, including the extraction of iron ore, necessary to exploit the ore located in mining rights granted to Las Encinas by the Mexican federal authorities until the permanent closure of the mine. Las Encinas has operated this mine since 1998.
At the Pihuamo-Tecalitán site, Las Encinas holds mining rights for the extraction of iron ore over 376 hectares. The Palomas operations (an open pit mine) stand on an area owned by Las Encinas, which started operating this mine in 2017.
Source:
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Source:
Summary:
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Production:
| Commodity | Units | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|
Iron Ore
|
Mt
| ...... | ...... | ...... | 1.8 | 1.8 | 1.9 |
All production numbers are expressed as concentrate & pellets.
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Operational Metrics:
| Metrics | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|
Ore tonnes mined
| ...... | ...... | 2.3 Mt | 2.7 Mt | 2.8 Mt | 3.1 Mt |
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Reserves at December 31, 2021:
| Category | Tonnage | Commodity | Grade |
|
Proven
|
23 Mt
|
Iron
|
39 %
|
|
Inferred
|
31 Mt
|
Iron
|
36 %
|
Financials:
| | Units | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|
Capital expenditures
|
M USD
| ...... | ...... | ...... |
10
|
19
|
7
|
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Mine Management:
| Job Title | Name | Profile | Ref. Date |
|
.......................
|
.......................
|
|
Sep 15, 2022
|
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Corporate Filings & Presentations:
| Document | Year |
|
Other
|
2022
|
|
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|
2021
|
|
...................................
|
2020
|
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...................................
|
2019
|
|
Form 20-F
|
2018
|
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Form 20-F
|
2017
|
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Form 20-F
|
2016
|
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