Mexico City. The volume of mining and metallurgical production in Mexico continued its decline in June, for the second consecutive month, according to data from the National Institute of Statistics and Geography (INEGI).
Extraction, processing, smelting and refining activities of metallic and non-metallic minerals decreased in the sixth month of the year, reporting a monthly drop of 1.6 percent, with seasonally adjusted figures to make the periods comparable, detailed the physical volume index of mining and metallurgical production in Mexico.
Likewise, compared to June 2023, mining and metallurgical production increased by 4.3 percent, leaving behind nearly 13 annual readings with contraction. Its level stood at 83 points, low levels not seen since 2023.
According to original figures, in the sixth month of 2024, mining and metallurgical production increased by 3.4 percent at an annual rate. Within it, the production of zinc increased (93 percent annually in June); lead (52.2 percent); silver (23.9 percent); gypsum, sulfur and fluorite, 3.6, 2.4 and 1.5 percent, respectively. On the contrary, the production of non-coking coal decreased (1.2 percent); gold, iron and copper pellets, 1.2, 2 and 16.2 percent, in that order.
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– 2024-08-30 03:34:30
