Mexican authorities on March 4 announced the seizure of 119,000 tons of iron ore—with an estimated value of $15.4 million—along with 124 bulldozers, backhoes and trucks at Michoacán's Pacific seaport of Lázaro Cardenas, following tips about drug cartels exporting black-market ore to China. More than 400 federal police and military troops were involved in the coordinated raids on 11 processing facilities in the port city. Six Chinese workers at the sites were arrested, apparently on immigration charges. The federal security commissioner for Michoacán, Alfredo Castillo, told Periódico Digital that the ore is being tested to determine which mines it came from in order to crack down on the operation. In November 2013, the Mexican Navy took control of Lázaro Cardenas to cut off illicit exports for the Knights Templar drug cartel. (Metal Miner, March 7; Mining.com, Port Technology, March 4)
Recent comments
1 week 1 day ago
2 weeks 1 day ago
2 weeks 1 day ago
23 weeks 2 days ago
27 weeks 3 days ago
29 weeks 8 hours ago
29 weeks 1 day ago
41 weeks 3 days ago
47 weeks 1 day ago
1 year 6 weeks ago