Several significant mines in the South American nation temporarily or drastically reduced output in Jan and Feb. As a result of the deadliest protests to occur in Peru in more than twenty years
According to Gobitz, this year’s total copper output will rise as protests lessen & new mines, like Anglo American’s Quellaveco, worth 5.5 billion dollar, Running at full capacity
Over 2.44 million tonnes of copper were produced in Peru last year. 4.8 percent more than in 2021 & very close to the peak before the impacts of the Covid-19 outbreak were felt worldwide
According to a Minsur spokeswoman, the mine is “on track to be running at full capacity. Although it will take some time.” It will depend, if there are no more problems.