Producer

MMG Limited

MMGHQ CNwebsite ↗

Hong Kong-listed subsidiary of China Minmetals (state-owned). Operates Las Bambas (Peru), the world's third-largest copper mine, producing ~380-400kt/yr. China Minmetals owns ~74%.

2

Inputs supplied

1

Goods downstream

2

Facilities

0

Stories

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2 inputs MMG Limited supplies

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What else they do

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  • Las Bambas Copper Mine (Peru)

    70%
  • Zinc and Other Metals

    25%
  • Exploration and Development

    5%

Intelligence

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  • Did you know2023

    Las Bambas copper mine in Peru's Apurimac region — operated by MMG Limited, controlled by China Minmetals (Chinese state) — has been blocked and disrupted more than 40 times by protests from local Quechua indigenous communities since it began operations in 2016. The conflicts center on road use (mining trucks damage community roads), land compensation, water contamination concerns, and inadequate benefit-sharing from a mine that produces copper worth billions of dollars per year in a region with extreme poverty. In 2022-2023, protests blocked the mine's primary access road for months at a time, reducing annual production by over 100,000 tonnes and contributing to global copper price volatility. The Las Bambas situation illustrates a structural tension: a Chinese state enterprise owns ~75% of a mine on indigenous Peruvian land, selling copper primarily to Chinese buyers, with economic benefits not perceived as adequately reaching the local community. The same copper used in EV motors and renewable energy infrastructure is subject to repeated supply disruptions from social conflict at its point of origin.

    MMG Limited