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Rio Tinto and First Quantum Minerals partner to progress the La Granja copper project in Peru

Green Car Congress

Rio Tinto and First Quantum Minerals (FQM) have entered into an agreement to form a joint venture that will work to unlock the development of the La Granja copper project in Cajamarca, Northern Peru, one of the largest undeveloped copper resources in the world.

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BYD Enters Peru

CleanTechnica EVs

Continuing the trend of rolling out its electric vehicles in a new market every week (or, at least, that’s what it feels like), BYD has entered Peru with 5 plugin vehicle models (“new energy vehicle” models as they call them in China). continued] The post BYD Enters Peru appeared first on CleanTechnica.

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Omnitek Engineering Forms Joint Venture in Peru to Convert Diesel Engines to Natural Gas

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Omnitek Engineering Corporation has formed a joint venture with local partners in Peru to convert diesel engines to operate on natural gas, as well as provide services to re-power diesel trucks and buses utilizing Omnitek’s natural gas engines. Based in Lima, Peru, the joint venture will operate as Omnitek Peru S.A.C.,

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Omnitek Awarded License to Convert Diesel Engines to Operate on Natural Gas in Peru

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Omnitek Engineering Corporation has been granted a license from the government of Peru to perform diesel-to-natural-gas conversions in the country. There are an estimated 500,000 heavy-duty engines in Peru that could be potentially converted to operate on natural gas, he said. Earlier post.) Earlier post.)

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EV Sales Report: LatAm’s Laggards & Smaller Markets (Argentina, Peru, Ecuador, Panama, & El Salvador)

CleanTechnica EVs

continued] The post EV Sales Report: LatAms Laggards & Smaller Markets (Argentina, Peru, Ecuador, Panama, & El Salvador) appeared first on CleanTechnica.

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Copper prices rise to 10-year high, near record

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Although Chile and Peru contributed 40% of global mine supply in 2020, Roskill observed, copper production there is yet to fully recover to pre-pandemic levels. Goldman Sachs and Robert Friedland, Founder of Ivanhoe Mines, suggest prices of US$15,000/t might be seen by 2025, due to restricted supply and bullish demand growth.

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LME copper prices at 9-year high

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Strong ocean swells delayed the loading of concentrate and refined metal shipments onto vessels from Chile and Peru during January, while delays of up to three months are reported in Ningbo port for containerized scrap to be inspected and cleared by customs. Anecdotal evidence suggests these may well be much lower than expected, Roskill said.

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