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Year-over-year production reflected an improvement when it comes to copper, tin, and molybdenum.
Production by those three mining companies accounted for 53.3% of the total red metal obtained nationwide.
For its part, the production of tin, accumulated thru March, presented a year-on-year increase of 6% (6,819 FMT).
Within this framework, Minsur remains the only producer of this metal in Puno region.
The year-on-year production of molybdenum accumulated in the first quarter showed a rise of 2.1% (8,276 FMT) due to the good performance of companies Cerro Verde and Chinalco.
For its part, Southern Peru Copper remains the main producer of this metal with 38.7% of the total, whereas Cerro Verde and Las Bambas contributed 36.7% and 11.2%, respectively.
Exports
The BEM also revealed that, last February, mining exports (metallic and non-metallic) reached US$3.390 billion —an increase of 17.8% over the same month of 2021.
During the January-February period, mining exports totaled US$6.224 billion, registering an increase of 10.7% compared to the same period in 2021.
The value of metallic mining exports in February totaled US$3.318 billion, which meant an increase of 17.4% over the same month of 2021 (US$2.826 billion) due to the high prices of metals and progressive recovery of external demand.
Copper is the main product exported from Peru, with a 29.7% share of total shipments.
Destinations
China holds the first place as destination for red metal exports, thus accounting for 75.6% of the total.
Japan comes in second position with 7%, followed by South Korea (third place) with 4.6% of the total exported.
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