"We are absolutely thrilled to have successfully completed an A$130 million two-tranche placement with no debt. Abujar is now fully funded to commence production in late CY2022."
"Across the region, the old model of flying in expats to do the technical job combined with a few locals doing the rest of the work on the ground has to change and has started to change."
"The main challenge Tietto faces today is to reinvent ourselves from junior explorers to mining operators of a reasonably large open pit mine and processing system."
In August 2023, Mexican exports to the US surpassed China for the first time. As companies prioritize securing supply their chains after years of logistics challenges, Mexico has begun to see major benefits. With a spate of new infrastructure projects such as the Interoceanic Corridor of the Isthmus of Tehuantepec coming online in 2023, the country is actively opening itself to investment. The chemical industry, in particular, is positioned for nearshoring-driven growth.