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New Project Approval to Boost Peru’s Copper Production to 4 Million Tons in Coming Years

According to foreign media reports on June 2, Peru’s Minister of Energy and Mines, Rómulo Mucho, announced the approval of the technical report related to the expansion project of the Cerro Verde copper mine.

Cerro Verde, located in the southwestern region of Arequipa, accounts for nearly 19% of Peru’s copper production and 34% of its molybdenum production. It also boasts one of the world’s largest concentrate processing facilities, with an average daily processing volume exceeding 400,000 tons.

From 2026 to 2044, Cerro Verde’s plant is expected to have an average ore production of 420,000 tons per day. Mining activities are expected to end in 2052, by which time the existing reserves are projected to be exhausted.

According to Minister Mucho, this expansion project, combined with other development projects such as Cotabambas, Conga, Galeno, La Granja, and Michiquillay, will increase Peru’s copper production to 4 million tons per year, bringing it close to Chile.

[Source – 上海有色网] 新项目批准将使秘鲁未来几年铜产量达到400万吨 https://news.smm.cn/news/102784588

 

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