Cemex’s production costs rise due to new mining tax in Nuevo León

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Mexico: The Mexican Chamber of the Construction Industry (CMIC) has voiced cement price concerns following the introduction of a new environmental tax on mining activity in the state of Nuevo León. Cemex operates a quarry in the state, and has resultingly experienced a rise in the cost of its cement production. The El Norte newspaper has reported that the producer’s Monterrey, Nuevo León, cement plant supplies cement across northeastern Mexico.

CMIC also lobbied the government to begin awarding public works contracts to private investors instead of the Mexican armed forces. It argued that this would help to generate jobs.

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URL: https://www.globalcement.com/news/item/13731-cemex-s-production-costs-rise-due-to-new-mining-tax-in-nuevo-leon

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