Playa del Carmen, Q.R. — Sac-Tun says it does not want to leave the state of Quintana Roo after exploiting the open-pit mine south of Playa del Carmen for the past 30 years.
In a statement released by its parent company Vulcan, they said “Vulcan wishes to continue contributing to the economic and social development of Quintana Roo and Mexico, and to continue making investments for infrastructure projects in a responsible and lawful manner as it has done for more than 30 years.”
Contrary to the statements made by President Andrés Manuel López Obrador, Sac-Tun says it has valid permits to exploit material from La Rosita until 2037. The company has also said they will not sell their land or maritime terminal to turn the pit into a tourist park.
Sac-Tun has filed a lawsuit against the Mexican government with the International Center for Settlement of Disputes with which it demanded $1.5 billion as compensation for prohibiting the extraction of material after the detection of an irregularity involving the agreed upon amount of extraction tons per year.
“Although the resolution of this procedure is yet to be issued, the company has stated from the beginning its willingness to reach an agreement outside of arbitration and continues to seek a solution in good faith with the Government of Mexico to resolve this difference.
Mexico’s president has suggested the land be turned into a tourist park. He has also suggested buying the land from them to stop the extraction.