Ore Control Technological Innovations at Peña Colorada Mine - SME Annual Meeting 2024

Peña Colorada is a company dedicated to the exploration, exploitation, and beneficiation of iron ore, serving the national steel industry. Established in 1975 as a stateowned enterprise, it transitioned to operating as a private organization in 1991. It is jointly owned by two investors, ArcelorMittal and Ternium, each holding a 50% stake. The mining operation is situated in the municipality of Minatitlan, in the northwestern part of the state of Colima, Mexico (Figure 1). It comprises an open pit mine and a concentrator, covering an area of approximately 2,300 hectares. The pellet mill is in the town of Manzanillo, Colima state, a port on the Pacific coast, about 46 km southwest of the mine. The pellet mill occupies its own property with a total area of 60.4 hectares. A gravity-driven concentrated slurry pipeline connects the mine and the pelletizing plant, located at an average elevation of 1,020 meters above sea level and 20 meters above sea level, respectively. Currently, Peña Colorada produces 4.1 million tons of pellets and 0.4 million tons of iron concentrate annually. In 2018, due to a change in the cutoff grade, the processing volume of the beneficiation plant increased from 9 million tons to 16 million tons annually. This led to a greater amount of information to process and characterize the ore extracted from the pit before its processing in the beneficiation plant. Consequently, Peña Colorada sought new ore control technologies to enhance ore selection, optimize human resources and data management, as well as minimize discrepancies between planning and execution. To ensure adherence to quality agreements with stakeholders, it is crucial to understand the ore characteristics before initiating mining activities.