Peru's copper production rises in June backed by Chinese firms

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Peru's copper production rose 7.1% year-on-year in June, thanks mostly to higher output from Chinese firms, the country's Energy and Mines Ministry said on Monday.The world's third-largest copper producer said output in the month totaled 228,932 metric tons.Production at the Las Bambas mines, controlled by MMG HKEX:1208, rose 63.5% in June, while output more than doubled at Chinalco, which is ran by Aluminum Corp SSE:601600. Las Bambas is expected to report lower production in July due to a two-week blockade of a key road the company uses to transport copper, as part of a protest by informal miners. Peru in the first six months of 2025 produced about 1.34 million tons of copper, up 3.5% year-on-year, according to the government.

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