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Copper production in Peru up 8.6% in June, ministry says - Deep South Daily Copper News

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Copper production in Peru up 8.6% in June, ministry says

August 5, 2022
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Copper production in Peru up 8.6% in June, ministry says
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(Kitco News) – According to the Ministry of Energy and Mines of Peru (MINEM), copper production in Peru, the world’s second largest copper producing country, amounted to 198,467 tonnes in June 2022, up 8.6% compared to June 2021 (182,711 tonnes).

Similarly, Peru’s copper production in January-June 2022 of 1,096,655 tonnes registered a year-on-year increase of 1.2%.

MINEM said that this positive performance was mainly due to an increase in copper output by Antamina Mining Company S.A. (+5.5%), Mining Company Cerro Verde S.A.A. (+12.8%) and Minera Chinalco Peru S.A. (+7.6%).

At the company level, Compañía Minera Antamina S.A. is first with a 21.8% share in total Peru’s copper output, followed by Sociedad Minera Cerro Verde S.A.A. (20.6%) and Southern Peru Copper Corporation (13.8%).

The ministry added that at the regional level, Áncash is first with a 22.0% share in the country’s total copper production, followed by Arequipa (20.7%) and Cusco (10.4%).



Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.



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