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The reopening of the iron mines could generate around 250 direct jobs

Cehegín Mayor Jose Soria, expressed his satisfaction with the information published in press recently about the consolidation and strengthening of the business project that aims to reopen the iron mines of the municipality for exploitation.

Specifically, the latest reports in the newspaper 'Expansion', report that the world's largest company of raw materials, GlencoreXstrata, headquartered in Switzerland and listed in London, will take a 20% stake in Spain Solid Mines, a subsidiary of Solid Resources Canadian group, led this venture in Cehegín.

Explains the mayor, the municipality has in iron, magnetite its kind, the most important site in Europe.

Among Gilico mines, La Carrasquilla, Glen of Canara, Arroyo Hurtado, El Chaparral and El Campillo de los Jimenez, Cehegín could house about 100 million tonnes of magnetite, "which would give many years of work," says Soria.

"If this week we saw how the business channel 'Forbes' online included a story about the two major multinational agreement, Swiss and Canadian, to launch the project, now the business daily Expansion' which collects this news, "stressed the mayor, who added that" we continue steps because this project can generate a lot of wealth and employment in Cehegín ".

In recent years, the mayor has been holding a series of meetings and regular meetings with the leaders of the Spanish subsidiary of the Canadian company outlining a complex project.

The next meeting will continue this Thursday, October 31.

Although cautious, Soria is optimistic with the latest information published which give credibility and strength to this goal.

"We continue to work on this project over the medium term, provided with the full support of the regional government," he declared, and says she is excited, "and that the company would create about 250 direct jobs, plus indirect costs such as transport, which would also be positively impacted.

The investment to start the Cehegín iron deposit, which was closed by Altos Hornos de Vizcaya in 1985, amounting to 60 million dollars (44 million euros).

Source: Ayuntamiento de Cehegín