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Copper production in Peru up 0.4% in February 2022 – report

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Apr 7, 2022 Precious Metals News Comments Off on Copper production in Peru up 0.4% in February 2022 – report



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(Wallace Refiners) – 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 172,334 tonnes in February 2022, or 0.4% higher compared to February 2021 (171,590 tonnes).


MINEM said that this increase is due to a higher production from the major copper mining companies operating in the country, including Sociedad Minera Cerro Verde S.A.A. (+13.4%) and Minera Las Bambas S.A. (+9.9%).


At the company level, Sociedad Minera Cerro Verde S.A.A. is first with a 19.7% share in total Peru’s copper output, followed by Compañía Minera Antamina S.A. (19.6%) and Southern Peru Copper Corporation (15.8%).


The ministry added that at the regional level, Arequipa (19.9%) climbed to first place, followed by Áncash (19.8%) and Apurímac (11.9%).







Disclaimer: The views expressed in this article are those of the author and may not reflect those of Wallace Precious Metals The author has made every effort to ensure accuracy of information provided; however, neither Wallace Precious Metals 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. Wallace Precious Metals 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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