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Korea and Peru ink critical minerals supply chain cooperation MOU
  • Registration date2024-11-25
MOTIE
Korea and Peru to Strengthen 
Cooperation in Supply Chains for Critical Minerals!
Signing of Critical Minerals Cooperation MOU (Nov. 16, 2024, Lima, Peru)

Key Areas of Cooperation
√ Critical minerals related policies & supply chain information sharing	√ Joint exploration & development	√ Technical exchanges

*Peru’s major mineral production (2023)

Copper (World’s 2nd largest (12%), 2.6 mln tons), Iron (World’s 2nd largest (11.5%), 1.4 mln tons)	*Korea’s mineral produce imports from Peru (2023)

Copper 12% (4th), Iron 16% (3rd)