Reducing Emissions At Peña Colorada - SME Annual Meeting 2026

ArcelorMittal, headquartered in Luxembourg, is one of the world’s largest steel and mining companies. It supplies steel to industries such as automotive, construction, and energy, with a strong emphasis on sustainability and innovation. The company employs about 125,000 people and, in 2024, produced 42.4 million tons of iron ore and 57.9 million tons of crude steel across 15 countries. Its mining operations span Canada, the United States, Mexico, Brazil, Ukraine, Bosnia and Herzegovina, Kazakhstan, and Liberia, focusing on iron ore and coal extraction to support steel production. This study examines Peña Colorada, one of Mexico’s largest iron ore mines (a joint venture by ArcelorMittal and Ternium). Facing declining ore grades, Peña Colorada adopted Hexagon solutions to uncover and capture project value. A comparison of two Life of Mine (LOM) plans from 2012 and 2016 (before and after implementing Hexagon solutions) shows that between 2019 and 2023, Peña Colorada reduced actual waste by 26% (compared to 2012 LOM) and 19% (compared to 2016 LOM). LOM Plans are generated yearly, and each time, opportunities for reducing mining waste were identified, evaluated and implemented. The key driver was schedule optimization using Hexagon MinePlan Schedule Optimizer (MPSO). This reduction means less waste transported to disposal sites, resulting in fewer hauling equipment operating hours, lower fuel consumption, and reduced carbon emissions.