Knights Templar Revenue from Illegal Mining

in Environmental Threats, Substance Abuse

Security services in Mexico state that the organized crime group Knights Templar have made millions of dollars in the state of Michoacan by extorting local mines.

The group, which primarily makes its money from drug trafficking, forces local mine operators to pay between $4 to $7 per tonne of minerals that is extracted in the area. In 2013, the shipment of iron ore totaled 4 million tonnes, compared to the 1.5 million tonnes extracted in 2012.

Intelligence officials also report that the Knights Templar is trading iron ore with China in return for chemical precursors that are used to make synthetic drugs such as methamphetamine.

(How much does crystal meth cost?)

Source:  ” Why Mexican drug-traffickers started smuggling iron ore to China,” Economist, March 9 2014.

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