Copper production in Peru increased by almost 35% in May compared to the same month last year, Reuters quoted the country's ministry of energy and mines as reporting.
The volume of copper produced in the country that is the world's second largest copper producer, rose to 234 781 metric tons in the month, according to a statement released by the ministry.
This increase is attributed to rising production at Cerro Verde, Antamina and Southern Copper projects.
The jump was "significant because it helps Peru maintain its status as one of the top producers worldwide," the ministry added.
Peru has doubled down on efforts to ramp up copper production following a May report that the Democratic Republic of Congo could take a place as the second largest producer instead, and come close to top copper producer Chile in the next few years, Reuters concluded.
Theodor Lisovoy, Editor in Chief of the European bureau, Rough&Polished
