Peru will mine more copper in 2023, lithium permits pending

By April 10, 2023Juni 14th, 2023Unkategorisiert

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.

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Date: April 10, 2023