Peru Projected to Receive Up to $4.8 Billion in Mining Investment

On June 3, 2025, Peru’s Energy and Mines Minister Jorge Montero announced that the country expects to attract at least US $4.8 billion in mining investment during 2025—slightly below the US $4.96 billion reported in 2024. This steady inflow highlights sustained investor confidence, especially in large-scale copper projects such as MMG’s Las Bambas and the Zafranal project in Arequipa, jointly advanced by Teck and Mitsubishi Materials. These projects are central to Peru’s mining agenda and regional development strategy. Simultaneously, copper output is projected to increase from 2.7 to 2.8 million metric tons, backed by a 4% year-on-year rise in Q1 production.