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February 1, 2023
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Mining: Las Bambas will stop producing copper on Wednesday if blockades do not end

Mining: Las Bambas will stop producing copper on Wednesday if blockades do not end

Leaf It will stop producing copper from this Wednesday, February 1, if the road seizures and protests continue to affect the supply of supplies that the operation requires. The measure was announced by MMG Limited, owner of this operation located in Apurímac.

“The company reports that, following transportation interruptions that affected both inbound and outbound traffic, it has been forced to initiate a progressive slowdown of its Las Bambas operation due to shortages of critical supplies. If the situation does not change, the mine will not be able to continue copper production as of February 1, 2023, and the operation will begin a period of care and maintenance,” the mining company reported in a statement bearing the name of its interim executive chairman and chief executive officer, Li Liangang.

In the document, the company also stated that it prioritized the safety and health of its staff, suppliers and members of the community and assured that “the property is kept safe.” However, he clarified the negative impact that the riots and roadblocks have had in the south of the country.

“Transport disruptions continue for several weeks throughout Peru, which has caused major disturbances in the southern region of the country, affecting mining operations along the South Road Corridor,” it added.

Keep in mind

-The production of Las Bambas is equivalent to 78% of the GDP of the Apurímac region.

-If it stops operations, Las Bambas would join Glencore’s Antapaccay (Cusco), which also temporarily suspended activities after being invaded and attacked this month.

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