Mining investments surpassed US$5.238 billion during 2021 in Peru, which meant a significant increase of 21.1% compared to the amount (US$4.325 billion) registered in 2020, the
reported on Tuesday.
According to the latest edition of Minem's Mining Statistics Bulletin, said investments reached US$788 million in December 2021, which represented a significant expansion of 65.8% over the amount (US$475 million) registered the previous month, as well as an increase of 18.7% (US$664 million) compared to the same month in 2020.
Minem highlighted the fact that mining remained one of the pillars of the country's macroeconomic stability in 2021, emphasizing as a sectorial achievement the
21.1% year-on-year growth in mining investments value (US$5.238 billion), which exceeded the estimated projection of US$5.200 billion.
According to the statistical report, Anglo American Quellaveco (US$1.312 billion) remained in first place, with a 25% share, supported by the investment made in its Quellaveco project.
It was followed in second place by Compañía Minera Antamina (US$481 million) and third, Southern Peru Copper Corporation (US$339 million), with shares of 9.2% and 6.5%, respectively.
These three mining companies together accounted for 40.7% of the total (mining) investment executed in Peru between January and December 2021, the bulletin noted.
Spheres
The beneficiation plant sphere (where the minerals are processed) represented 26.8% of the mining investments executed in the course of 2021, with a total of US$1.405 billion.
It was followed by infrastructure (26.7%) with US$1.400 billion, and mining equipment (14.3%), with an accumulated amount of US$748 million, among others.
Regions
Concerning investment made at the regional level, Moquegua remained first and accounted for 27.3% of the total investments in the country, with US$1.428 billion; followed by Ancash (10.3%) with US$539 million; and Ica (8.8%) with US$ 459 million.