Industrias Peñoles S.A.B. de C.V. (4FO)

Overview

Industrias Peñoles S.A.B. de C.V., founded in 1887, stands as a formidable entity within the metals and mining sector, rooted in Mexico. The corporation distinguishes itself through its pioneering role in the exploration, extraction, refining, and sales realms of both base and precious metals. Notably celebrated as one of the preeminent silver producers globally, Industrias Peñoles has etched its mark deeply within the industry. It boasts an integrated business architecture that encompasses a comprehensive spectrum from mining activities to sophisticated metal refinement processes. This streamlined operation not only enhances production efficiency but also ensures the seamless distribution of its products. Industrias Peñoles' operations are a cornerstone of the Mexican economy, demonstrating its pivotal role in the broader resource industry. Furthermore, the company’s dedicated pursuit of sustainable mining practices and commitment to environmental stewardship reflect its devotion to responsible resource management, highlighting its forward-thinking approach in a sector often criticized for environmental impacts.

Products and Services

• Silver - As a world leader in silver production, Industrias Peñoles extracts, refines, and markets silver, supplying this precious metal to industries such as electronics, where it's prized for its high conductivity, and to the minting of currency and crafting of jewelry.
• Gold - Alongside silver, the company mines and processes gold, another key asset in its precious metals portfolio. Gold is utilized in various sectors, including jewelry making, electronics for its reliable conductivity and resistance to corrosion, and as an investment commodity.
• Lead - Industrias Peñoles engages in the extraction and refining of lead, primarily used in the battery industry, especially for automotive batteries, as well as in the construction sector for shielding against radiation and as a pigment and stabilizer in paints.
• Zinc - The company also specializes in zinc production, focusing on its applications in galvanization to protect steel from corrosion, in making brass, and in the production of zinc-based alloys, which are essential in automotive, electrical, and hardware manufacturing.