off-the-wire

Peru’s copper production down 11.2% year-on-year in November

Kitco Media
By Reuters
Published:
Updated:
Reuters
Peru’s copper production down 11.2% year-on-year in November teaser image

Peru’s copper production declined 11.2% year-on-year in November of 2025, reaching 216,152 metric tons, the energy and mining ministry said on Monday.

Between January and November copper production increased 1.6% compared to the same period in 2024, to 2.5 million metric tons, the ministry said in a preliminary report.

Peru, the world’s third-largest producer of the red metal, expects to produce about 2.8 million metric tons of copper in 2025, up from 2.74 million tons in 2024, according to the latest government estimates.

Copper production in Peru has remained almost stable since 2023, due to a lack of new projects and declining ore grades in large mines.

(By Marco Aqino; Editing by Cassandra Garrison)

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