Lima (PRWEB) August 13, 2008
Doe Run Peru is in the final stages of construction of a new sulfuric acid plant for the lead circuit at its La Oroya metallurgical complex. The plant is expected to be completed by September 30, officials said.
At the same time, work is also nearly done on a new warehouse and distribution center, which will be able to house as much as 30,800 metric tons of sulfuric acid produced at La Oroya.
The lead acid plant is the first of two such plants being built as part of Doe Run Peru’s environmental commitments with the Peruvian government. A second sulfuric acid plant for the Copper Circuit is also under construction and should be completed by October 2009 together with an upgrade of the copper circuit technology.
Edwin Escalante, Doe Run Peru’s commercial manager, said the contracts that are in place for sales of the plant’s future sulfuric acid production underscore the market’s confidence in the plant’s on-time completion.
Escalante made his comments during a visit to La Oroya by Douglas Cowan and James C. Wilson, representatives of Interacid Trading, which has signed agreements to purchase the future sulfuric acid production that will come from the lead and copper acid plants. Interacid is a world leader in the industry and is involved in the sale of more than 3 million metric tons of sulfuric acid a year.
Escalante said the lead acid plant required an investment of $35 million, and that the warehouse and distribution center would cost an additional $11 million. He added that the warehouse and distribution center investment is over and above the environmental commitments with the Peruvian State.
About Doe Run Peru
Doe Run Peru is a mining and metals company operating in Peru's central Andes. The company has run the La Oroya metallurgical complex since 1997 and the Cobriza mine in Huancavelica since 1998, producing high quality refined metals while at the same time working to operate in a socially and environmentally responsible way.
Víctor Andrés Belaunde