Peru's 2024 copper target is realistic, mining magnates say

The Peruvian government's 2024 copper production goal of three-million metric tons is realistic, senior industry executives said on Tuesday, as the country seeks to boost mining investments to help lift the economy out of recession.

The South American country produced 2.76-million tons of copper last year, dropping its rank from first to second for global production of the red metal. It still ranks first globally for export volumes.