Metals smelting, refining and metal products

Peru maintains strong mining potential with extensive reserves and an active project portfolio, but it faces a significant gap between the concessioned territory and actual mining activity as it seeks to attract investment to reinforce its leadership in key minerals for the energy transition. More

SQM posted profits of US$588 million in 2025, thanks to the performance of its lithium business, which contributed revenues of US$2.29 billion. The company expects global lithium demand to increase 25% year-on-year in 2026 and plans to raise its sales by 10%, while Nova Andino Litio moves forward with expansions to reach 240,000t/y of capacity by 2028. More