Andina

Peru: Iron, zinc, tin, molybdenum output up in 1H 2018

00:00 | Lima, Jul. 31.

Peru registered increase in the production of iron (9.8%), zinc (4.9%), molybdenum (2.6%), and tin (0.8%) between January and June 2018 over the same period in 2017, the Energy and Mines Ministry (MEM) reported.

However, the production of other metals experienced decrease, such as those of copper (-0.2%), gold (-4.9%), silver (-5.4%), and lead (-10.1%).

It went on to add iron's 9.8% growth was due to the good results obtained in the period comprised between January and May, which helped offset the 23.6% decline registered last June.

Meanwhile, Antamina mining unit's yield contributed to zinc increase in the first half of the year.

It was the reason why Ancash consolidated its position as the largest-producing region of said metal, accounting for 37.4% of total output, followed by Junin (18.9%) and Pasco (15.6%) regions.

As for molybdenum, production increased 10% last June over the previous month. As is known, positive results were recorded at Cerro Verde and Antamina mines at the beginning of the year.

Concerning tin, said metal continued experiencing the sustained growth seen since the start of 2018.

(END) MMG/JAA/MVB

Published: 7/31/2018
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