There are more than 922 iron ore mines in operation globally, of which 10 are in Mexico, according to GlobalData’s mines and projects database. The following are the five largest iron ore mines by production in Mexico in 2023, according to GlobalData’s mining database, which tracks more than 33,000 mines and projects from early exploration to closure across more than 150 countries and over 100 commodities. Buy the latest mine-site profiles here.

1. Pena Colorada Mine

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The Pena Colorada Mine is a surface mine located in Colima. It is owned by Ternium and produced an estimated 3.97 mtpa of iron ore in 2023. The mine will operate until 2038. Buy the profile here.

2. Hercules Mine

Located in Coahuila, the Hercules Mine is owned by Altos Hornos de Mexico Sde CV. The surface and underground mine produced an estimated 2.51 mtpa of iron ore in 2023. Buy the profile here.

3. Las Encinas Mines

The Las Encinas Mines is located in Michoacan. It is owned by Ternium and produced an estimated 1.75 mtpa of iron ore in 2023. The mine will operate until 2028. Buy the profile here.

4. Las Truchas Mine

The Las Truchas Mine, owned by ArcelorMittal, is a surface mine located in Michoacan. The mine produced an estimated 1.45 mtpa of iron ore in 2023. The mine will operate until 2036. Buy the profile here.

5. San Jose Iron Ore Mine

Owned by ArcelorMittal, the San Jose Iron Ore Mine is a surface mine located in Sinaloa. It produced an estimated 1.15 mtpa of iron ore in 2023. The mine will operate until 2024. Buy the profile here.

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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalData’s Mining Intelligence Center tracks production, consumption, imports and exports of 17 key commodities across 60 countries, whilst its Mines & Projects Database tracks over 30,000 mines and projects with 200+ data fields for each, including production, operating costs, equipment and key mine-site contacts.