Investment will be close to US$ 1,045 million up to 2027 in the country.
Among its projects, the mining company foresees the development and exploitation of mines 9, 10 and 5, which will require an investment of approximately US$ 455 million between 2022 and 2025.Shougang Hierro Perú (SHP), which exploits, processes and commercializes iron, plans to invest around US$ 1,045 million until 2027 in its operations in San Juan de Marcona, in the Ica region, according to the magazine of the National Society of Mining, Petroleum and Energy (SNMPE).
In detail, according to the aforementioned media, the company has planned the implementation of the third production line of the new iron ore beneficiation plant, which represents an investment of US$ 240 million between 2023 and 2027. It also foresees the development and operation of mines 9, 10 and 5, which will require an investment of approximately US$ 455 million between 2022 and 2025.
Port expansion in Ica
Another investment to be made by the company is related to the expansion of its port facilities in Ica. This project will require an investment of US$ 250 million between 2023 and 2026.
The expansion includes the construction of an ore loading dock with a loading capacity of 10,000 tons per hour (MT/h) and will be able to handle vessels of up to 300,000 deadweight tons (DWT).
To date, the company is in the process of obtaining permits from the National Port Authority (APN) and the General Directorate of Capitanías y Guardacostas (DICAPI) for the project’s Definitive Technical Feasibility and Maneuver Study. If approved, the construction permit or port authorization will be requested from the APN, for which the Technical Work File is being developed.
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