Non-ferrous

Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Coke Coal Pig Iron Silicon Steel

New Energy

New Energy

Solar Lithium Cobalt Ternary Precursor and Material Anode Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Dashboard DatabasePro Reports Events Car Insight

Home / Metal News / Chinalco Begins Work On Toromocho Copper Mine In Peru

Chinalco Begins Work On Toromocho Copper Mine In Peru

May 20, 2010 08:53

Source:SMM

BEIJING, May 19, 2010 (Dow Jones Commodities News via Comtex) -- Aluminum Corp. of China, or Chinalco, held a groundbreaking ceremony for its Toromocho copper project in Peru Tuesday, the company said Wednesday.

The $2.15 billion Toromocho copper mine project is the largest Chinese investment in Peru to date, Chinalco said in a statement.

Along with the mine, Chinalco is building a new town consisting of 1,050 homes for 5,000 people currently living in the project area. The Chinese metals giant estimated the move to the new town will be completed by 2012.

Chinalco acquired Peru Copper Inc. (CUP) and its development rights to Toromocho for $860 million in 2007, the Chinese company said on its website.

Toromocho is expected to become Peru's largest copper mine by 2012, with an estimated annual capacity of 250,000 metric tons of the red metal. It will also produce significant amounts of zinc.

Chinalco

copper Cu

mineral resources

mineral resources development

Peru

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

Chinalco to move 190,000 mt of aluminium capacity to the south

The capacity would be transferred from Shanxi Huasheng to Heqing Yixin Aluminium, who has access to cleaner hydropower

time

Feb 21, 2019 11:00

Chinalco to move 190,000 mt of aluminium capacity to the south

Peru to restart La Oroya smelter for copper, lead and zinc

Peru’s Doe Run submitted a restart plan of La Oroya smelter on Dec.7th, which is expected to finishe work within 4 months with a budget of $108 million.

time

Dec 8, 2017 13:26

Peru to restart La Oroya smelter for copper, lead and zinc

Peru Drops in Copper Output of October by 2%

Peru Ministry of Energy and Mines reported on Tuesday, saying Peru’s copper output in October is 214,311 tons, dropping 2% on yearly basis.

time

Nov 29, 2017 09:11

Peru Drops in Copper Output of October by 2%

Peru’s Minerals Export Gets Huge Growth in First Three Quarters

As per data released by central bank of Peru, since export volume and price both go up, the 7 major exported metals grow in value.

time

Nov 14, 2017 09:59

Peru’s Minerals Export Gets Huge Growth in First Three Quarters

Peru’s Tin Output Drops 15.31% in September

According to data from Peru’s Ministry of Energy and mining, the tin output of this country in September is 1,336 tonnes, dropping 15.31% on yearly basis.

time

Nov 2, 2017 11:44

Peru’s Tin Output Drops 15.31% in September

Hubei Issues Mineral Resources Exploration and Identification Targets 2016-2020

Hubei Province released the Plan for Mineral Resources in Hubei Province 2016-2020 recently.

time

Sep 14, 2017 10:44

Hubei Issues Mineral Resources Exploration and Identification Targets 2016-2020

Huge Decline In Peru’s Silver Production Suggests Future Supply At Risk

The Peru Ministry of Energy and Mining just released their silver production data for February, and it was a whopper to the downside.

time

Apr 21, 2017 14:17

Huge Decline In Peru’s Silver Production Suggests Future Supply At Risk

SEC formally suspends enforcement of part of the ‘conflict mineral’ rule

The statement explained that "Until these issues are resolved, it is difficult to conceive of a circumstance that would counsel in favor of enforcing Item 1.01(c) of Form SD".

time

Apr 19, 2017 10:25

SEC formally suspends enforcement of part of the ‘conflict mineral’ rule

Peruvian Copper Output to Grow to 3.10 Mln tonnes by 2021

Peruvian Energy & Mines minister said the country will step up copper production, and by the year 2021, copper production will reach 3.10 million tonnes, wenhua.com reported.

time

Apr 6, 2017 09:57

Industry Reminder

Peruvian Copper Output to Grow to 3.10 Mln tonnes by 2021

Peru to Accelerate Copper Production on Rising Prices

Peru's finance minister said last Friday the country will step up copper production capitalizing on rising copper prices, wenhua.com reported.

time

Dec 19, 2016 10:35

Peru to Accelerate Copper Production on Rising Prices

SMM Events & Webinars

Oct
09
- NET ZERO EUROPE - Solar & Energy Storage Summit
  Oct 09 - 10,2024
  THE EGG BRUSSELS, BELGIUM
Oct
08
- 2nd Li-ion Battery Europe 2024
  Oct 08 - 10,2024
  THE EGG BRUSSELS, BELGIUM
Jun
24
- 2024 Global Renewable Metal Industry Chain Summit
  Jun 24 - 25,2024
  To foster international cooperation and dialogue among industry colleagues
  Kuala Lumpur , Malaysia

MOST POPULAR

1.Zinc Oxide Project Feasibility Analysis

2.Zinc Recovery Industry Study

3.Feasibility Study Of Investing a Lead-Zinc Ore Mining Smelting Project In Indonesia

4.Zinc Resources Industry Development Research

5.Zinc Industry Value Chain And Related 3 Hot Topics

Shanghai Metals Market

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap Holiday Pricing Schedule

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

Drop us a line

service.en@smm.cn

How can we help you?

+86 021 5155-0306

Live chat via WhatsApp

Copyright © 2024 SMM Information & Technology Co., Ltd. All rights reserved.