Chile Returns to PERUMIN Stronger than Ever

• Chile, the world's leading copper producer, will be present at the EXTEMIN technological fair with 20 companies and institutions, including ProChile.

After a brief absence, Chile returns to the PERUMIN mining convention, a world-class event that will take place from September 25 to 29 at the Cerro Juli Convention Center in Arequipa.

In this edition, Chile will be represented by 20 companies and institutions, including ProChile, with a total of 24 stands at the EXTEMIN technological fair. Delegations from mining powerhouse countries such as Australia, China, and Canada, which is the partner country for this edition of PERUMIN, will also participate.

Lorena Sánchez, the director of ProChile Peru, mentioned that, in addition to attending to the activities scheduled for this week, this South American country will showcase solutions for the mining industry in line with sustainability, which is one of the major challenges facing the world.

"We are working closely with mining suppliers, and we will be at PERUMIN next week in the International Pavilion," said Sánchez. PERUMIN will serve as a platform to promote Chilean companies offering a variety of services ranging from project consultancy to energy efficiency.

Opportunity 

According to Miguel Cardozo, the President of PERUMIN 36, this is an opportunity for Peru to return to the international stage after years of being impacted by the pandemic and internal socio-political conflicts.

"Peru is constantly in the spotlight for investors, but, as a country, we have been sending the wrong signals in terms of competitiveness, security, certainty, and long-term policies, which has prevented these decisions from materializing," said Cardozo, who is also a director of the Peruvian Institute of Mining Engineers.

"Our country is recognized worldwide as a territory with a great geological and mining potential, so the appetite for investment is always there," he added.

In his view, the local offering is supported by diversification, considering that Peru is the fourth global producer of non-ferrous metals such as aluminum, brass, and copper. This gives our country an advantage over other mining powers. 

"We may not have reserves of lithium, which is so popular today, like Bolivia, Argentina, and Chile, but we are in the race for copper and excel in gold, zinc, lead, silver, and tin," Cardozo explained.

"This diversification plays a very important role. Compared to Chile, for example, which talks about lithium, copper, and a bit of gold, here there is more diversification. However, we need to solve other types of problems," he added, referring to the fact that the country has a portfolio of 46 projects in the pipeline, valued at nearly US$50 billion, "only eight of which have a scheduled start date."