Commodities
Peru Copper Mines Face Transport Delays as Protests Spread
- Cerro Verde hit by supply and shipment holdups, Freeport says
- Protests triggered by impeachment of former President Castillo
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Protests against the ouster of President Pedro Castillo are starting to disrupt the movement of staff and supplies at Cerro Verde and other copper mines in Peru, the No. 2 supplier of the metal.
While on-site operations at mines have been unaffected by roadblocks and airport and rail shutdowns, off-site logistics have encountered some delays. Cerro Verde, near the southwestern city of Arequipa, is experiencing holdups in transport of people, supplies and product, owner Freeport-McMoRan Inc. said in an email late Monday.