"With US$508 million left to spend on the Media Luna project south of the river, we have a strong, cash-producing asset at ELG that is financing the construction of our future."
"Our clients invest significant resources in geophysical surveys, and fluctuations in funding availability can significantly impact the industry's health."
"We are excited about the opportunities in the industry, but we also recognize the need to address challenges such as the skilled labor shortage and attracting new talent to mining."
"The biggest challenge is that mineral projects take a long time to explore and develop, while markets offer comparatively short windows for financing."
Mexico's chemical industry faces challenges in securing a reliable feedstock supply and maintaining global competitiveness. A shift towards sustainable energy and local production could provide long-term growth opportunities, and some sectors are booming, including Mexico's dynamic chemical distribution market.