Peru Mining Lobby Presses Government to Fast-Track Tía María

Business: Arequipa Key Facts —Project. Tía María is Southern Copper’s copper project in Peru’s Arequipa region, centred on the La Tapada open-pit deposit, with investment of about US$1.8 billion. —Delay. The project has been blocked for roughly 15 years by local opposition, particularly from farmers in the Tambo valley

The joint venture, in which JSW Steel holds 89%, will set up a beneficiation plant for 1.35 million tonnes a year of high grade concentrate; the Consent to Operate is awaited, and the project is likely to be operational by early 2028