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Copper|Energy|Mining
Copper|Energy|Mining
copper|energy|mining

Peru copper production dips 1.2% in January

20th March 2024

By: Reuters

  

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LIMA - Copper production in Peru, the world's No. 2 producer of the red metal, slipped 1.2% in January from the same month the year earlier to some 205 375 metric tons, the Andean nation's mines and energy ministry said on Tuesday.

The new figures come after a 17% drop in output from MMG's Las Bambas mine and a 13.4% fall from Freeport-McMoRan's Cerro Verde mine.

That was below December's output of around 255 000 tons, according to ministry data.

Peru's copper production should reach three-million tons this year after hitting 2.76-million tons in 2023, Mining Minister Romulo Mucho said earlier this month.

Edited by Reuters

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