Camisea to supply gas to CF Industries petrochemical plant in southern Peru

CF Industries signed a $2 billion agreement Oct.13 with Peru’s Camisea consortium for the supply of natural gas for its proposed nitrogen fertilizer complex, to be built in San Juan de Marcona on Peru’s south coast. Under the terms of the agreement, signed at the government palace in Lima with President Alan Garcia, CF Industries [...]

Shougang Hierro Peru to invest $1 billion to expand production at Marcona

Bucking the current trend of most other mining companies, which have postponed expansion and exploration projects until mineral prices recover earlier levels, the Chinese state mining company Shougang is to invest $1 billion in its operations in Peru. Starting this year, Shougang Hierro Peru will begin to expand the production capacity of its iron ore [...]