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asouviron

Digital media consultant and journalist. Passionate about history.

Bolivia’s steel company plans to export ferromanganese for about $250 million a year

The new president of Bolivia’s Mutun Steel Company (ESM), Milko Alberto Moreno, reported that the state-owned company plans to produce and export ferromanganese for about $250 million a year. He explained that the huge iron deposit in Mutun, located in the province of German Busch in the department of Santa Cruz, has large reserves of manganese that will be evaluated through a prospecting study. Ferromanganese is a ferroalloy used in the world’s steel industry to improve the strength and hardness of steel.

$16 million worth of beef exported to China

The livestock sector has exported 3,000 tons of beef for $16 million to China. Óscar Ciro Pereyra, president of the Santa Cruz Cattlemen’s Federation (Fegasacruz), reported that there is a surplus of 40,000 tons of beef that can be exported, in addition to China, to markets such as Russia. Also, production for domestic consumption is around 200,000 tons, which has generated an income of $500 million.

The US restores aid to Bolivia

The President of the United States, Donald Trump, announced that the restrictions of aid to Bolivia were lifted. The aid will begin on the 2020 fiscal year (from 1 October 2019 to 30 September 2020). The US restricted aid since 2017 after consider that the country was failing in its anti-drug policy.