Column: Trump 2.0 won’t reverse Biden’s critical minerals push
Donald Trump has described the Inflation Reduction Act (IRA) as a "green scam" and vowed to repeal it after he returns to the White House in January.
Peru’s government said production in the country will double by 2016 and return it to the No. 2 position for output worldwide, reports Dow Jones newswire.
Jorge Merino, the national energy and mines minister, said new projects— like Las Bambas, Antapaccay, Toromocho, Antamina — will increase their output from the current 1.3 million tonnes to 2.8 million tonnes.
Copper miner Sociedad Minera Cerro Verde SAA is expanding its mine with a $4.4 billion investment.
Merino also said the government aims to ensure large-scale mining projects can proceed more rapidly following regional government consultations.
Image: file photo