16 AUGUST 2011steelguru
Bauxilum to invest USD 48 million to improve operations at Los Pijiguaos mine
Edited by : AL CIRCLE
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BNamericas reported that Venezuelan state bauxite and alumina company Bauxilum will spend more than USD 48 million to increase bauxite output at the Los Pijiguaos mine.
Mr José China president of Bauxilum said that the plan involves spending USD 28.8 million to purchase inputs and parts to upgrade 10 machines in 2011 and 8 in 2012. A USD 8.3 million cooperation agreement was signed with mining equipment distribution company Venequip to improve and make operational upgrades to the mining and ore transport equipment.
Mr José China president of Bauxilum said that the plan involves spending USD 28.8 million to purchase inputs and parts to upgrade 10 machines in 2011 and 8 in 2012. A USD 8.3 million cooperation agreement was signed with mining equipment distribution company Venequip to improve and make operational upgrades to the mining and ore transport equipment.
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