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Peru's zinc, copper, iron production up in Jan-May 2017

Cobre

Cobre

18:00 | Lima, Jul. 18.

The January-May period saw increase in production of zinc (12.42%), copper (5.49%) and iron (9.11%) from the same period last year, Peru's Energy and Mines Ministry (MEM) informed on Tuesday.

Zinc production saw a 12.42% growth to 581,995 fine metric tons (FMT), mainly driven by Antamina mining company, whose output accounted for 28.21% of the country's total in the first five-month period of 2017.

Results are consistent with the company's mine plans and higher zinc concentrates expected for this year, in view of favorable international prices.

Copper

Copper output, on the other hand, reached 965,197 FMT, up 5.49% compared to the corresponding period the year before.

Iron

Likewise, iron's national production at Peru's only producer, Shougang Hierro Peru, experienced an accumulated growth of 9.11%. It is on the rise for the eighth consecutive month.

(END) RGP/JJN/RMB/MVB

Published: 7/18/2017
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