Peru. Due to two major projects planned by the Ministry of Mines, which have an investment of US $ 2,000 million, the Inca nation could become the second copper producer in the world.
By increasing its production, Peru could displace China, which since 2012 had positioned itself as the world's second largest copper producer after Chile, with 1,596 metric tons (MT).
According to information from empresasnews.com, the official also stressed that the expansion of the Toquepala mining unit has received the support of the communities of Tacna. The main concern of the community lay in the use of water, because a large amount is needed for the mines of Toquepala and Cuajone.
Currently, the ministry states that the project will not need additional consumption of fresh water, because water from a nearby mining sludge dam will be used, which will be treated for mining activity.
In Latin America, Grupo Mexico also stands out, which includes copper miners such as Southern Copper Corporation (SCCO) and American Smelting and Refining Company. With a production of 826,000 tons in 2012, Grupo México is positioned as one of the largest copper producers in the world.