Peru's Cerro Verde Operating Life Extended to 2053, Paving Way for New Investments
2026-06-11 10:27
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en.Wedoany.com Reported - Julia Torreblanca, Vice President of Corporate Affairs at Peruvian mining company Cerro Verde, revealed that the company's Environmental Impact Assessment amendment has been approved, extending its operating life to 2053. This creates conditions for new investments accompanying the continued operations of the Arequipa mine.

Torreblanca stated that the company is focusing on developing key infrastructure and support projects to align with this new operational phase. She noted that most investments are sustaining capital expenditures, but also include critical projects such as building a concentrator plant within the mine pit. The executive emphasized that the extension of the mine's life opens new prospects for project implementation over the coming decades, extending the service life from the original 2045 to 2053, requiring improvements and expansion of infrastructure to accommodate the longer operational period.

Among the planned projects for 2026, Torreblanca highlighted the expansion of the La Enlozada wastewater treatment plant, operated by Cerro Verde and serving the city of Arequipa. She indicated that related work should commence this year, enabling the plant not only to continue treating over 90% of Arequipa's wastewater but also to steadily expand its treatment capacity under the premise that Cerro Verde operates it free of charge to benefit all citizens. The expansion will gradually increase treatment capacity from the current 1,800 liters per second to 2,800 liters per second, ensuring the wastewater treatment needs of Arequipa, also known as the "White City."

Additionally, challenges related to sustainability, risk management, and trust-building will be on the agenda of the World Mining Congress 2026. During the event, Julia Torreblanca, in her capacity as President of the National Society of Mining, Petroleum, and Energy (SNMPE) of Peru, will participate as a panelist in the session on "Existing and Emerging Risks That Could Disrupt the Value Chain." The event is scheduled for June 24-26 at the Lima Convention Center and will also offer three specialized short courses for industry professionals.

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