BajaNomad
Not logged in [Login - Register]

Go To Bottom
Printable Version  
Author: Subject: Turmoil in Guerrero Negro nationalized Exportadora de Sal
mtgoat666
Select Nomad
*******




Posts: 18458
Registered: 9-16-2006
Location: San Diego
Member Is Offline

Mood: Hot n spicy

exclamation.gif posted on 11-29-2024 at 09:22 AM
Turmoil in Guerrero Negro nationalized Exportadora de Sal


Turmoil in nationalized Exportadora de Sal S.A. (ESSA)

Mexico nationalized the salt operation in Guerrero Negro. Now State-controlled ESSA can’t sell salt, inventory is full and not moving, and reports are that facility maintenance has been ignored and facility is in poor shape.

Will ESSA survive? Will GN survive if ESSA goes belly up? If ESSA closes down, is there a bond or money in trust to perform proper reclamation and land restoration?

Nationalized:
https://www.mining.com/web/mexico-nationalizes-salt-producer...

https://saltmarketinfo.com/perspectives-of-mexican-essa-foll...

Problems:
https://peninsulardigital.com/2024/08/19/denuncian-inoperanc...

https://www.elsudcaliforniano.com.mx/local/exportadora-de-sa...

https://nbcs.mx/vendra-a-bcs-comision-de-la-secretaria-de-ec...



[Edited on 11-29-2024 by mtgoat666]




Woke!

“...ask not what your country can do for you – ask what you can do for your country.” “My fellow citizens of the world: ask not what America will do for you, but what together we can do for the freedom of man.”

Prefered gender pronoun: the royal we

View user's profile
bajaric
Senior Nomad
***




Posts: 639
Registered: 2-2-2015
Member Is Offline


[*] posted on 11-29-2024 at 10:12 AM


Hey, you know anyone that wants to buy three million tons of salt? If they could sell the stockpiled salt for $23US per ton that gets back 69 million dollars.
View user's profile
Bajatripper
Ultra Nomad
*****




Posts: 3150
Registered: 3-20-2010
Member Is Offline


[*] posted on 12-1-2024 at 02:05 PM


Thanks, appreciate the info and references.



There most certainly is but one side to every story: the TRUTH. Variations of it are nothing but lies.
View user's profile

  Go To Top

 






All Content Copyright 1997- Q87 International; All Rights Reserved.
Powered by XMB; XMB Forum Software © 2001-2014 The XMB Group






"If it were lush and rich, one could understand the pull, but it is fierce and hostile and sullen. The stone mountains pile up to the sky and there is little fresh water. But we know we must go back if we live, and we don't know why." - Steinbeck, Log from the Sea of Cortez

 

"People don't care how much you know, until they know how much you care." - Theodore Roosevelt

 

"You can easily judge the character of others by how they treat those who they think can do nothing for them or to them." - Malcolm Forbes

 

"Let others lead small lives, but not you. Let others argue over small things, but not you. Let others cry over small hurts, but not you. Let others leave their future in someone else's hands, but not you." - Jim Rohn

 

"The best way to get the right answer on the internet is not to ask a question; it's to post the wrong answer." - Cunningham's Law







Thank you to Baja Bound Mexico Insurance Services for your long-term support of the BajaNomad.com Forums site.







Emergency Baja Contacts Include:

Desert Hawks; El Rosario-based ambulance transport; Emergency #: (616) 103-0262