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August 10, 2022
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Minem: Production of copper, iron, tin and molybdenum increased in the first half

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The production of copper, iron, tin and molybdenum increased in the first half of the year, in relation to the similar period in 2021, reported the Ministry of Energy and Mines ().

The Minem Statistical Bulletin (BEM) detailed that copper production showed a growth of 8.6% (198,467 Fine Metric Tons – TMF) in June 2022, compared to the same month of 2021 (182,711 TMF).

Meanwhile, the accumulated production from January to June registered a year-on-year increase of 1.2% (1,096,655 TMF) due to the good performance of the Antamina, Cerro Verde and Chinalco mining companies.

Regarding iron production, the bulletin indicated that in June it increased by 3.8% (1’166,572 TMF) compared to the same month of 2021 (1’123,560 TMF).

Likewise, as of the sixth month of this year, it registers an increase of 0.8% (6,093,908 TMF) versus the similar period of 2021 (6,044,867 TMF), thanks to the participation of Shougang Hierro Perú.

Regarding tin production, in June there was a year-on-year increase of 2.3% (2,287 TMF). Meanwhile, the accumulated production to June reflected an increase of 4.6% (13,885 TMF) in contrast to the year 2021 (13,279 TMF).

Molybdenum production grew 9.5% year-on-year (2,680 FMT) in June. While the accumulated production in this month rose 4.1% (16,221 TMF) compared to the same period in 2021 (15,582 TMF).

On the other hand, the BEM reported the decrease in gold, zinc, silver and lead production in the sixth month of 2022.

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