Mineral industry of Paraguay a cement mill in the city of Mariano roque alonso in Paraguay. The mill would have an annual production capacity of 200,000 t, which would be sold domestically and internationally. The plant is expected to meet about 25% of the future cement needs of Paraguay. Paraguay has no proven natural gas reserves and no domestic production and does not consume natural gas. In June 2006, however, the governments of Bolivia and Paraguay approved a plan to construct a pipeline from southern Bolivia to Asuncion, Paraguay. The pipeline would have an initial capacity of 700 million cubic feet per day and
Economy of Paraguay half, the Chaco, virgin forest is lost to cattle ranching at an annual rate of more than 200.000 hectare (2008). Sustainable wood cultivation is now on the increase. The fishing industry in Paraguay exists almost solely to meet domestic demand. Unlike many South American countries, Paraguay has few mineral resources and very little history of mining success. Foreign companies have explored Paraguay in recent years, searching for overlooked mineral deposits. Small extraction projects exist, seeking lime, clay, and the raw materials necessary to make cement, but the country's iron and steel manufacturers must import raw materials from neighboring countries. In