The mining It is one of the strongest pillars in the Peruvian economy, represents more than 15% of the Gross Domestic Product (GDP) and more than 60% of total exports, said the president of the Council of Ministers, Eduardo Arana.
During his participation in the mining summit of Perumin 37 In Arequipa, he highlighted the 2025 mining project portfolio that has the country and exceeds US $ 64,000 million.
Meanwhile, announced the next signature of strategic agreements between Peru and Saudi Arabia to promote investments, technological transfer and joint projects in Minera and Metallurgy.
“This agreement will open a new chapter of mining and metallurgical cooperation between both nations. It will allow enhancing investments, industrialization and technological transfer projects, consolidating Peru as a reliable provider of strategic minerals,” he said.
Given this, the Minister of Energy and Mines, Jorge Luis Montero, detailed in statements to the Institute of Mining Engineers (IIMP) that a delegation will travel to the beginning of November to Saudi Arabia to sign the four cooperation agreements.
“They are countries rich in oil and gas, but with little experience in mining. Peru will provide knowledge in geology, mining, logistics chains and suppliers. In turn, they are willing to invest in Peru in copper, lithium, rare earth and strategic minerals for the world energy transition,” he explained.
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