Mexico‘s federal government has prioritized the expansion of the country’s railway system for both freight and passenger transportation. As a starting point, in July 2023, the Ministry of Infrastructure, Communications and Transportation announced an investment of 145.9 billion pesos for the construction and renovation of 209 kilometers of
The U.S. companies Pepsico and Walmart jointly committed US$120 million to support regenerative agriculture. What is regenerative agriculture? It focuses on the enhancement and regeneration of natural soil resources and biodiversity through sustainable and resilient practices. Pepsico reported that it is working to expand and share regenerative practices
Nucor completed construction in 2023 with its approximately US$650 million investment to modernize and expand production capacity at its Gallatin flat sheet mill in Ghent, Kentucky. In the same year, the company shipped 23 million 272,000 tons of steel, virtually unchanged from the previous year. The Gallatin project
The Peñasquito mine, located in Mexico, recorded a 74.7% year-on-year drop in its gold production in 2023, to 143,000 ounces, affected by a four-month strike. At the same time, its silver production fell by around 40% to 18 million ounces. To highlight: the Peñasquito mining unit ranked as
The mining company Southern Copper Corporation has four fuel and power suppliers in Peru. Southern Copper had a 1.5% year-on-year drop in net sales in 2023, to US$9,895.8 million, and an 8.1% drop in net profits, to US$2,434.7 million. In Peru, the company obtains fuel mainly from Valero
The U.S. law implementing the USMCA allocated $180 million to the Department of Labor (DOL) for technical assistance programs to support labor justice system reforms in Mexico. That budget includes grants to support worker-centered capacity building, combat forced labor and child labor, and reduce workplace discrimination in Mexico.