en.Wedoany.com Reported - Abraham Chahuan, President of the World Mining Congress 2026, recently published an opinion piece in Infobae, noting that the sustained global growth in demand for copper and critical minerals presents a strategic opportunity for Peru to consolidate its position as a major supplier of key resources needed for the energy transition and technological development.
In his article, Chahuan emphasized that the World Bank's decision to allocate $200 million to enhance the competitiveness and transparency of Peru's mining sector reflects confidence in the country's potential. He stated that Peru is still regarded as a nation with immense potential to become a strategic supplier of minerals needed by the world. Peru is currently the world's third-largest copper producer, with 65 mining projects totaling over $63 billion, more than 70% of which are copper projects. The energy transition, expansion of clean technologies, and developments in areas such as electric vehicles and artificial intelligence are driving global copper demand growth.
Chahuan believes that translating this potential into development outcomes requires improving investment conditions and strengthening national institutional capacity, including enhancing approval efficiency, providing predictability for investments, and advancing with a long-term vision. This also requires political leadership and coordination among the state, businesses, communities, and academia. He emphasized that the main challenge lies in whether action can be taken with the speed, foresight, and coordination demanded by this historic opportunity. The World Mining Congress 2026 is scheduled to take place from June 24 to 26, 2026, at the Lima Convention Center, bringing together global industry leaders, government officials, academics, and experts to discuss the challenges and opportunities facing the mining sector.
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