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News Mexican government may declare Vulcan Materials’ Sac Tun quarry a Protected Natural Area

Mexican government may declare Vulcan Materials’ Sac Tun quarry a Protected Natural Area

Written by Global Cement staff 23 October 2023
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Mexico: The government says that if US-based Vulcan Materials continues to reject offers for land in Quintana Roo on which its Calica-Sac-Tun quarry is situated, then it will designate the land Protected Natural Area status. Reuters has reported that the government has previously offered US$328 – 383m for the property. Vulcan Materials has mounted on-going legal challenges worth US$1.9bn against the Mexican government over the previous closure of its operations.

Last modified on 25 October 2023
Published in Global Cement News
Tagged under
  • Mexico
  • Vulcan
  • Court
  • Mining
  • Quarry
  • Government
  • land
  • Dispute
  • GCW631

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