Peru is ramping up efforts to cement its role as a global mining powerhouse, forecasting $4.8 billion in new investment in 2025 as demand for copper and other critical minerals accelerates.
The Energy and Mines Ministry expects output to rise in 2025, as global producers and junior miners double down on one of the world’s richest copper reserves. Copper output is expected to rise to 2.8 million metric tons this year. This is up slightly from 2.7 million tons of copper produced in 2024, driven by both mine expansions and new projects entering development.
With global copper demand forecast to jump 70% by 2050, Peru, as the world’s third-largest producer, is positioned to benefit from the accelerating push towards electrification and clean energy technologies. The country also ranks among the top producers of silver, zinc, lead, tin, and molybdenum, all crucial components for emerging technologies.
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