The leader of the Fuerabamba community had a meeting with President Pedro Castillo in Lima.

Company is reweighting its portfolio more towards copper over significant rising demand fueled by the transition to the low-carbon economy.

With urgency in getting new mines developed, governments will need to streamline permitting processes.

"Recent consumption run rates imply copper and aluminum shifted into surplus globally in April," analysts at Citi said.

Las Bambas, which supplies 2% of global copper, suspended operations on April 20 due to the protests.

Europe's primary aluminum smelters are continuing to curtail production in the face of soaring energy costs.

Accelerating sales of electric vehicles have fueled a scramble for nickel, cobalt and lithium.