Peru's Ministry of Energy and Mines Joins Mining Companies to Drive $63 Billion in Mining Projects
2026-06-04 08:58
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en.Wedoany.com Reported - Peru's Ministry of Energy and Mines (MINEM) held a high-level meeting with representatives from multiple mining companies to strengthen public-private collaboration, promote new investments, and enhance Peru's position as a global benchmark for sustainable mining. Minister Waldir Ayasta revealed during the meeting that the country has a portfolio of 65 mining projects across 18 regions, with a total value exceeding $63 billion. This presents a significant opportunity to capitalize on the strong global demand for critical minerals driven by the energy transition, thereby sustaining economic growth.

The meeting focused on enhancing industry competitiveness, developing a modern and innovative mining sector, and creating more favorable conditions for launching new projects. Participants agreed that enterprises, governments, and technology institutions need to work together to promote the sustainable development of mineral resources.

Peru's MINEM noted that this dialogue mechanism helps identify entry points to strengthen the mining value chain and drive the industry to be more efficient, responsible, and aligned with global trends. The ministry committed to continuing policies that stabilize investment confidence and benefit regional and national economies.

As one outcome of the meeting, Peru's MINEM announced the development of a joint roadmap outlining specific actions and strategies to promote exploration, boost investor confidence, and drive technological innovation and adoption in the industry. Corporate representatives emphasized the importance of maintaining such coordination mechanisms for the sustained growth of Peru's mining sector.

Peru's MINEM stated its commitment to developing a transformative modern mining industry to drive regional development, narrow social gaps, and consolidate Peru's leading position in global mining.

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