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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

Green Car Congress

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

CleanTechnica EVs

Whilst Latin Americas largest vehicle markets have been undergoing significant EV growth (we can already predict Brazils plug-in market share will surpass 5% in 2024 and Mexicos will be above 2%) and several minor markets are showing meteoric growth (Costa Rica, Uruguay, and Colombia), this does not mean the entire.

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

Green Car Congress

Omnitek Engineering Corporation has been granted a license from the government of Peru to perform diesel-to-natural-gas conversions in the country. In March the company entered the Peruvian market with a multi-year contract to convert a fleet of beverage and milk delivery vehicles owned and operated by Lima-based Leche Gloria.

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LME copper prices at 9-year high

Green Car Congress

That prices should be at such elevated levels during the middle of the Chinese Lunar New Year holidays, when Mainland buyers are absent from the market, raises the spectre of whether commodities are poised for a new super-cycle, driven by the increasing demand for renewable energy to meet global decarbonization targets, Roskill said.

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Copper prices rise to 10-year high, near record

Green Car Congress

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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