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Home > Company Index > Metals & Mining > Diversified Mining & Metals > Nueva Grupo México, S.A.

Nueva Grupo México, S.A.
OTC: GMXBF
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 PROFILE
Mexico's largest mining company, Nueva Grupo México (formerly Grupo México) is the world's #3 copper producer, behind Chile's Codelco and US-based Phelps Dodge. With mining operations in Mexico, the US (it owns ASARCO), and Peru, the company refines and produces intermediate copper products, silver and zinc, molybdenum, lead, and other metals. It also produces sulphuric acid, for copper processing. The company moved into the railroad business in 1998 when it formed Ferrocarril Mexicano with Union Pacific. The railroad is Mexico's most expansive rail operator with 14,000 railcars and 6,500 miles of track.

 COMPETITION
Corporacion Nacional del Cobre de Chile (dossier)
Phelps Dodge Corporation (PD)
Rio Tinto plc (RTP)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 3,591.30
1-Yr. Sales Growth: 105.6%
Employees: 30,407
Revenue per employee: $118,107.67

 KEY PEOPLE
• Germán Larrea Mota-Velasco
    CEO
• Daniel Tellechea Salido
    CFO

 CONTACT INFO
Avenida Baja California 200, Colonia Roma Sur
06760 México, D.F., Mexico
Phone: 52-5-564-7066
Fax: 52-5-564-7677
Online: Web Site

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