Some European countries maintain a partial or total ban on glyphosate, according to the United States Trade Representative (USTR). For its part, the Mexican government restricted imports of glyphosate in 2020 and intended to ban its use completely by March 2024. However, in March 2024, a joint statement
The Ministry of Economy processed 63 proceedings related to unfair international trade practices in 2024. Of that total, 31 correspond to anti-dumping; 9 to validity reviews; 12 to ex officio validity reviews; 10 to reviews, and 1 to subsidies. According to the World Trade Organization (WTO), an unfair
Celestite production in Mexico fell 32.7% year-on-year in 2024 to 18,862 tons, according to data from the United States Geological Survey (USGS). At the same time, Mexican exports of this product to the United States plummeted 95%, to 46 tons. Celestite production in Mexico Celestite is mainly used
Industrias Peñoles’ dominance in sodium sulfate production is based on its Química del Rey plant, located in Coahuila, Mexico. Química del Rey is the largest producer of this chemical compound in Latin America. Mexico is the third largest producer of sodium sulfate in the world, behind China and
According to data from Camimex, the only gold refiners in Mexico are Industrias Peñoles and Grupo México. Refining gold involves high investment costs. It also requires specialized technology and compliance with strict environmental and traceability regulations. To make this business profitable, large volumes and market concentration are also
Zinc production at Peñasquito broke records in 2024 and maintained its leadership as Mexico‘s top zinc-producing mining unit. Peñasquito produced 258,000 tons of zinc, a year-on-year increase of 141 percent. Newmont purchased Goldcorp Inc. in 2019 to acquire the Peñasquito mine. The agreement was a share transaction valued