Fresnillo’s Production Decreases in 2021
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Fresnillo’s Production Decreases in 2021

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Paloma Duran By Paloma Duran | Journalist and Industry Analyst - Wed, 03/16/2022 - 18:24

Fresnillo announced that despite having an 11 percent increase in pretax profit in 2021, the company's production suffered from a lack of workers, a consequence of Mexico’s new labor reform that prohibits subcontracting. The company said that although it sought to minimize the impact of the reform through new hires, training and investment, it was unable to reach its 2021 production targets. Nevertheless, Fresnillo announced that it expects to improve the situation in 2022 with the incorporation of new equipment.

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Photo by:   Fresnillo

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