Argentina’s Sierra Grande to operate at 20% capacity in 2016

摘要

Argentina’s sole iron ore producerMCC Sierra Grande will operate at less than20% of its installed capacity in 2016, aftercutting more than half of its employees, thecompany said Wednesday. The move will decrease productionand limit shipments in 2016. Accordingto company lawyer Jorge Roa, the miner"will decrease its production of iron oreconcentrate from 400,000 mt [produced in2015] to 200,000 mt in 2016."