Peru’s Q3 2025 Output Rebound: Consolidating Growth Momentum

A Broad-Based Recovery in Extractive Activity
In the third quarter of 2025, Peru recorded a notable increase in the extraction of minerals and energy, marking a recovery after earlier fluctuations in the year. Higher output in zinc, copper, silver, lead, tin, gold, and iron reflected improved operational continuity at large-scale mines and a gradual normalization of logistics. At a headline level, the figures highlight the sector’s resilience and reaffirm mining’s role as a stabilizing force in Peru’s economy.


Strength from Existing Capacity and Operational Continuity
The Q3 rebound was primarily driven by stronger utilization of existing assets, demonstrating the robustness of Peru’s current production base. Mature operations, experienced operators, and established infrastructure continue to provide reliable supply to global markets. Variations across individual minerals—including softer performance in molybdenum—illustrate the natural heterogeneity of the sector rather than a loss of momentum, while energy extraction followed a similar path of steady, incremental recovery.


Why Q3 Performance Supports Peru’s Medium-Term Opportunity
For international markets, Peru’s Q3 performance offers timely supply continuity amid tightening demand for critical and transition-related minerals. For the country, the data points to an opportunity to build on demonstrated operational strength by advancing exploration, streamlining permitting, and reinforcing social and territorial governance. Seen in this light, Q3 2025 is less a cyclical rebound and more a platform from which Peru can strengthen its medium-term production outlook and reinforce its role as a reliable supplier in evolving global mineral supply chains.