Peru expects to produce 2.8 million tonnes of copper this year, a senior official said on Monday, representing an almost 15% jump from 2022, in a bright spot for the Andean nation’s top export.
Through this year and next, around $7 billion in mining investments is expected, Vera said, including the expansion of the Altamina copper mine, Teck Resources’ Zafranal project and Newmont Corp’s Yanacocha Sulfuros project.
Canada’s American Lithium Corp, which operates the project, has estimated that some 4.7 million tonnes of lithium carbonate lie in the Falchani rock deposits.
Date: April 10, 2023
