DR Congo Surpasses Peru in Copper Production, Now Ranks Second in World

Copper is one of the most important minerals in the modern industrial world, as it is used in various manufacturing processes. Copper is an incredibly versatile mineral and its properties — high flexibility, conformity, thermal and electrical conductivity as well as corrosion resistance — makes it critical to the manufacturing sector.

The Democratic Republic of Congo (DRC) surpassed Peru in 2023 to become the world’s second-largest producer of copper, the media reported.

Last year, according to the DRC Ministry of Mines, the country’s copper production amounted to approximately 2.84 million tonnes. The mining and energy ministry of Peru reported that the country’s output amounted to 2.75 million tonnes, according to the local media.

Chile remains the leading producer of the red metal.

Romulo Mucho, Peru’s Minister of Energy and Mines, reportedly stated in early March that he expects copper production to reach 3 million tonnes by 2024.

However, Peru maintains its advantage over Congo in terms of copper exports. According to the reports, last year, Peru’s metal exports amounted to approximately 2.95 million tonnes, surpassing its yearly production. This was primarily due to the stocks of inventories that had been accumulated from prior years.

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