Chinese Companies Interested in Metal Mining in Honduras
A group of Chinese businesses has stated its interest in extracting non-precious metals such as iron, lead and zinc.
Thursday, September 2, 2010
Santos Gabino Carbajal, president of Honduran metal mining association Anamimh, explained that the Chinese delegation has held meetings with Honduran businesses that own mining concessions with a view to negotiating joint ventures.
The growth of the metal mining sector and the framework provided by a new mining law have generated interest from foreign companies.
Spokepersons for the country's mining industry have once again asked congress to approve a law that enables the sector to be regulated.
The arrival of foreign investment to the west of the country is being promoted, in places where there are already companies interested in developing the potential for metal mining in the area.
In 2015 Honduras and Guatemala exported ores such as zinc, nickel and other precious metals worth $47 million and $46 million respectively.
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