Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Peru’s copper production grew 49pc between January and April 2021 to reach 704,210mt, compared to 640,056mt in the same period of 2020.

 

Mined copper increased 38pc this April compared to the previous year, to reach 173,151mt from the 125,225mt produced in the same month last year, reported the National Society of Mining, Oil, and Energy of Peru (SNMPE). Conversely, production fell 5pc in April when compared to 182,756mt in March 2021.

 

The increase in production also resulted in rising Peruvian copper exports, which in the first four months of this year increased 66.7pc to $5.68bn from $3.41bn during January-April 2020.

 

Peru’s mining exports grew 49pc overall between January and April this year, reaching $11.1bn from $7.51bn last year, SNMPE reported.

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