📋 Tender Overview
The event, led by Ministers Romulo Mucho and Jose Arista, allowed the mining sector to present its advantages and opportunities to attract more investments. The Peruvian delegation, led by the Ministers of Energy and Mines, Romulo Mucho and Jose Arista of Economy and Finance, participated in the Peru Time event, where investment opportunities in exploration and exploitation of our diverse mineral wealth were exhibited, within the framework of the IMARC 2024 world summit that is being held in Sydney, Australia.
During the Peru Time event, representatives of the national public and private sector presented the advantages that Peru offers to attract more investments in this global conclave that brings together more than 9,000 attendees, 800 mining companies and delegations from 120 countries.
In his presentation The role of Peru in the global energy transition, the head of the Ministry of Energy and Mines (MINEM) highlighted the significant role that his sector plays as a promoter of the comprehensive development of mining-energy activities, promoting the sustainability of resources in harmony with the environment.
Likewise, Minister Romulo Mucho emphasized that Peru is a key player in the framework of the energy transition. Of the 17 critical metals that the world requires, we have 8, among which copper stands out for the global supply, he said.
Along these lines, he said that by 2030, experts project that there will be a deficit of 5 million tons of copper, to cover this deficit around US$ 125,000 million will be required worldwide and Peru will be able to capture a large part of this amount thanks to the mining potential it has.
Meanwhile, the head of the Ministry of Economy and Finance (MEF), Jose Arista; the Vice Minister of Mines of the MINEM; Henry Luna, and other representatives of the public and private sectors, made presentations on the Peruvian potential with the purpose of positioning our country as one of the most important producers of strategic minerals for current international markets.
The heads of the MINEM and MEF also visited the Australian Stock Exchange (ASX), where they performed the traditional bell ringing and learned first-hand about the daily trading volume of the Australian economy, which positions it as one of the most important in the world for its ability to value its mineral wealth.
The officials present participated in the inauguration of the Peruvian Stand at the Sydney Convention Center, through the ribbon cutting and the corresponding ceremony in the presence of representatives of the private sector and members of the national delegation at IMARC 2024.
Later, Minister Romulo Mucho and the Deputy Minister of Mines met with Madeleine King, Minister of Natural Resources of the Commonwealth of Australia, to strengthen ties of friendship and cooperation between both countries that are recognized mining producers.
