Dec 3 (Reuters) - Miner MMG Ltd 1208.HK said on Friday it expects to wind down copper production from its Las Bambas operations in Peru by mid-December, as it failed to establish commercial relationships with Chumbivilcas community organisations.
Las Bambas, one of Peru's largest copper mines and part of a key mining corridor, has been affected by road blockades https://www.reuters.com/world/china/peru-protesters-block-las-bambas-copper-transport-road-again-2021-11-10 for more than 300 days. The mine produced 400,000 tonnes of copper a year, about 2% of the total global output, and brought in about 69% of Hong Kong-listed MMG's revenue in 2020 https://www1.hkexnews.hk/listedco/listconews/sehk/2021/0303/2021030301747.pdf.
