Peru Projects $20B+ Mining Investment 2028-2030, 16.7% Growth in 2026

Peru's Ministry of Economy and Finance forecasts mining investment to grow 16.7% in 2026 and 8% in 2027, with over $7 billion projected for this year and more than $20 billion in new projects between 2028 and 2030. The figures signal sustained confidence in Peru's mining sector, a key driver of its economy, though execution risks remain. This is a positive signal for copper and other metal supply growth, potentially easing long-term price pressures.