📋 Tender Overview
He said that Peru is preparing to actively participate in a more sustainable future focused on renewable energy and lithium.During his participation in the IMARC 2024 world mining summit, which is being held in Sydney (Australia), the Minister of Energy and Mines, Romulo Mucho, said that lithium has become a crucial metal for the global energy transition and that Peru is preparing to actively participate in a more sustainable future focused on renewable energy.
Lithium has become a crucial metal for the energy transition and key for electromobility, in addition to the high global demand it generates in some sectors such as electric vehicles and energy storage systems, he said during his presentation on Perus role in the global energy transition.
He added that Peru, a country with a long mining tradition, is making strategic changes that allow us to actively participate in a more sustainable future focused on renewable energy and lithium, after recognizing that this metal is becoming more relevant as an essential resource for the transition to clean energy.
The head of the Ministry of Energy and Mines (MINEM) pointed out that Peru currently has two important lithium exploration projects in the Puno region, Quelcaya and Falchani, the latter being the most advanced and located in the Peruvian highlands.
He highlighted Perus outstanding position in the production of base metals at a global level, occupying second place in copper production and among the four largest producers of silver, zinc, tin and molybdenum, strategic minerals for the transition towards renewable energies, electric vehicles and clean technologies.
Along these lines, he said that the 2024 Mining Investment Project Portfolio is made up of 51 mining projects that encompass an investment of approximately US$ 55 billion. Of that total, 39 projects are copper projects in 14 regions for more than US$ 39 billion, which confirm our broad potential to rise in the global panorama and consolidate ourselves as one of the largest copper producers.
Minister Romulo Mucho emphasized that Peru is called to position itself as one of the countries that can meet global demand, putting new copper projects into value will place us at the forefront of nations, and in a privileged position due to the importance that this metal acquires in the development of new sources of energy.
Finally, he noted that the issuance of permits and procedures in the mining sector is being streamlined, all with the aim of encouraging investment and achieving common goals for the benefit of communities, companies and the Peruvian State.
