It is reported that Peru became China's largest cooper supplier, which is over Chile. Among them, Chile supply was 403,500 tons, rose 36% year on year; Peru supply was 421,675 tons, rose 142% year on year.

Meanwhile, earlier this year Peru two mines into production, including Las Bambas copper mine on new capacity of 400,000 tons, Cerro Verde phase II new production of 270,000 tons.

According to data showed that 2016 global copper mine expansion capacity is approximately 1.512 million tons, mainly in Peru. Peru this year is expected to be second largest copper producer in the world.