矿企掀起“淘铜热”，嘉能可加入秘鲁铜矿收购热潮

Core Viewpoint - Glencore is acquiring the Quechua copper project in Peru, marking the third copper mining deal in the country within two weeks, as companies rush to invest in this metal expected to face supply shortages [1][2]. Group 1: Recent Transactions - Glencore's acquisition of the Quechua project follows two other transactions in Peru: Rio2 Ltd. purchased the Condestable project for $241 million, and Fortescue agreed to acquire the remaining 64% of Alta Copper Corp. [1] - The Peruvian government estimates the construction investment for the Quechua project to be approximately $1.3 billion [1]. Group 2: Market Context - The surge in copper mining transactions in Peru coincides with copper prices nearing historical highs, with prices having risen over 30% this year due to production disruptions and challenges in developing new mines [1]. - Copper is viewed as a critical metal for electrification and energy transition [1]. Group 3: Glencore's Strategy - Glencore is increasing its investment in Peru as part of its plan to double global copper production, despite facing sporadic protests and broader tensions between local communities and the mining industry [2]. - The Quechua project adds to Glencore's existing assets in the region, which include the Antapaccay mine and the future Coroccohuayco project [2]. - The Antapaccay mine, which began production in 2012, produced approximately 146,000 tons last year [2]. Group 4: Future Production Goals - Glencore plans to increase its annual copper production to around 1.6 million tons by 2035, reversing a trend of declining copper output [3]. - The company anticipates a 40% decrease in copper production this year compared to 2018 and aims to reach a production target of 1 million tons by 2028, including plans to restart the Alumbrera mine [3].