Exports of copper from Peru's Matarani port are being delayed while local communities block roads that connect the port to copper mines owned by Hudbay, MMG, Freeport and Glencore, Fastmarkets has learned.
On Friday July 19, demonstrators started to protest a government decision to allow SPCC to build Tia Maria
, $1.4 billion project that has taken eight years to approve and would allow a 120,000 tonne per year copper mine be built 20km from Matarani.
Blockades are taking place on the Arequipa City to Matarani road, Mollendo city to Matarani road, as well as the road from Mollendo city to Ilo road.
The blockades, which come amid an already short market for copper concentrates, cut off the port...