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Recently, the National Energy Mining and Petroleum Association of Peru revealed that Peru's copper production this year is 1.
5 million tons, which may increase to 2 million tons
in 2016.
After the commissioning of the LasBambas copper mine in Peru, Peru is expected to overtake China to become the world's second largest copper producer
.
Peru, now the world's third-largest copper producer, produced 1.
38 million tonnes of copper last year, just 250,000 tonnes short
of China's copper output that year, according to data.
MMG, a subsidiary of China Minmetals, owns a majority stake
in the LasBambas copper mine in Peru.
MMG expects the LasBambas copper mine to produce more than 2 million tonnes of copper in the first five years after commissioning, with the mine's first shipment of copper concentrate expected to ship in the first quarter of next year
.
But China's copper production is expected to increase only slightly until 2017, meaning Peru will become the world's second-largest copper producer
.
Recently, the National Energy Mining and Petroleum Association of Peru revealed that Peru's copper production this year is 1.
5 million tons, which may increase to 2 million tons
in 2016.
After the commissioning of the LasBambas copper mine in Peru, Peru is expected to overtake China to become the world's second largest copper producer
.
Peru, now the world's third-largest copper producer, produced 1.
38 million tonnes of copper last year, just 250,000 tonnes short
of China's copper output that year, according to data.
MMG, a subsidiary of China Minmetals, owns a majority stake
in the LasBambas copper mine in Peru.
MMG expects the LasBambas copper mine to produce more than 2 million tonnes of copper in the first five years after commissioning, with the mine's first shipment of copper concentrate expected to ship in the first quarter of next year
.
But China's copper production is expected to increase only slightly until 2017, meaning Peru will become the world's second-largest copper producer
.
