Peñoles consolidates sales of over 78 billion pesos

Although he had Cost increase by 10.48%, Met Mex Peñoles, in 2021 with its work in smelting concentrates Lead, zinc, precious metals refining (gold and silver) and non-ferrous metals (zinc, lead, etc.) and Manufacture of salts and oxides. As well as sulfuric acid, oil and liquid sulfur dioxide.

According to his financial report, he continued with export its production to countries such as the United States, Canada, the United Kingdom, Japan, China, Taiwan, Belgium, Brazil, Korea and Switzerland; Strengthen Total sales for 78 thousand 112 million 100 thousand pesos.

The main products processed by Metallurgical are: gold, silver, zinc, lead, ammonium sulfate, sulfuric acid and bismuth, with services for processing concentrates, minerals, sediments, gold, silver and alloys.

Increase the number of employees from 2019 to 2021

The company, which locates most of its operations in Turion, also reported a significant increase in contract employees from 2019 to 2021, from January to September each year.

According to the report, the number of 2,663 workers increased in 2019, in 2020 to 2,738 workers, to reach 2,938 workers working in the company’s activities by September 2021, among workers, employees and providers of goods and services.

Export Consolidation

As federal programs continue to operate, procedures have been accelerated by The Ministry of Economy and the Ministry of Finance and Public CreditThrough electronic actions, the metallurgical company has boosted its exports to countries in North America, Europe, South America and Asia, especially of products such as gold, silver, zinc, lead and sulfuric acid.

Analysts say A mining and mineral group led by Rafael Rebollar.

Low investment and high costs

The total assets until September 2021 amounted to 50 thousand 527 million 913 thousand pesos, the company invested in expansion and modernization 631 million 791 thousand pesos; This resource was used to expand and modernize machinery and equipment, building and construction, and transportation equipment.

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The trend in the investment amounts made by the company has decreased from 2019 to date. It should be noted that in 2019, an investment of 1,120,821,000 pesos was applied; While in 2020, the figure has decreased to 846 million 055 thousand pesos. Production costs for the year increased by 10.48%.

Strategic plan and measures against COVID-19

When the first case of COVID-19 was detected in Mexico in February 2020, the country had no specific health guidelines or action plan to address the health crisis; Until May 17 the first official document was published.

Since then, in order to control the risks of infection among workers, the medical services at each of the duty stations have started to develop, implement and operate health and safety protocols, while strictly adhering to the guidelines. Health Safety Technicians at Work Environment, from IMSS, Safe Return to Work Plan, also issued by IMSS, Best Practice Guide for Mining and Metallurgical Operations: 2020 SARS-CoV2 for Health Emergencies, from the Department of Economy (SE), and STPS Procedures Guide for Workplaces in the Face of Covid -19.

In this way, they were able to continue operations, once they announced their core activities. Administrative and support staff work from home, which implies the challenge of customizing computer systems and ensuring cyber security.

In the same way, the The Emergency Management Steering Committee (CDGC) made up of the CEO, responsible for operations, maintenance, human resources, community outreach, management, finance, health and safety, legal security, and asset security, all with the ability to make operational decisions and Local Emergency Management Committee.

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Aileen Morales

"Beer nerd. Food fanatic. Alcohol scholar. Tv practitioner. Writer. Troublemaker. Falls down a lot."

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