Peru’s Copper Production to Grow 20% in 2017

SHANGHAI, Jan. 11 (SMM) - Peru’s government said January 10 the country’s copper output is expected to increase 20% in 2017, wenhua.com reported.

Peru’s copper production is expected to be 2.60-2.70 million tonnes in 2017, higher than the 2.20 million tonnes estimated in 2016.

The country’s copper output hit an all-time high of 2.15 million tonnes in the first eleven months of 2016, surging 42% from the same period of 2015. This is due mainly to surge in output at MMG’s Las Bambas copper mine and expansion by Freeport-McMoRan Inc at its Cerro Verde mine.

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