Peru is one of the richest mineral countries in the world. It is one of the biggest producers of base and precious metals. As a consequence, exports are significant. According to estimates, mining accounts for nearly 10% of GDP, while mineral export revenues reached US$40.6 billion in 2021, representing 64% of the country's total exports. The importance of mining also means that there is an equally large and diverse suppliers’ market, since mining requires thousands of different products and services, either in the exploration or exploitation stage.
The objective of this report is to identify business opportunities for Swiss SMEs in Peru focusing on four areas: i) Core Mining Processes; ii) Smart Mines; iii) Sustainable Mining and, iv) Traceability.
The study has been divided into two parts: Part 1, giving an overview of the market and presenting Swiss technologies for mining that are offered in the international market and Part 2, related to doing business in Peru, main opportunities, challenges, and regulatory aspects.