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| Mexico’s Tizapa |
Labor dispute leads to indefinite halt in zinc and metal production
Mexican mining company Industrias Penoles has announced an indefinite suspension of operations at its Tizapa mine in the State of Mexico due to strike action initiated by the national mining union. The union claims that Penoles violated a collective labor agreement signed in April. In response, Penoles intends to pursue legal and administrative avenues to address the issue.
Ownership and Production Details
Penoles holds a 51% stake in the Tizapa mine, which extracts zinc, copper, lead, silver, and gold. Japanese companies Dowa and Sumitomo respectively own 39% and 10% of the mine. The zinc concentrate produced at Tizapa is sent to Dowa's zinc smelter in Akita, Japan. Last year, Tizapa produced 41,463 tons of zinc, 1,332 tons of copper, and 8,821 tons of lead.
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