The Peruvian mining ministry announced on Friday that copper production in 2024 will be 2,736,150 tons, a 0.7% decrease from 2023.
Peru's copper output declined by 0.7% in 2024, its first drop after years of recovery post-pandemic. This decrease, attributed to declining ore grades and few new projects, allowed the Democratic ...
The drop marked the copper giant's first decline after four straight years of recovery following the pandemic.