Lescano aspires to make Peru the sole owner of its copper

February 23, 2021 12:39 PM AEDT
Akshay

Senior Analyst Akshay
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Akshay is a research professional with 6.5 years of experience in Consulting and Research industry across the Mining, Chemicals and Energy domains. He is trained in client servicing, due diligence, research and analysis of the mining and energy commo...

Peru’s presidential candidate, Yohny Lescano, wants to deglobalize the country and make it the sole owner of copper-rich resources.

The move will boost local production and enable fair and impartial pricing for the country.
Lescano is a lawyer by profession and received extraordinary support from the people to rank second in polls in February, followed by the former soccer goalkeeper George Forsyth.
The presidential candidate wants to build a new mining cadastre that will enforce mineral resources' exploitation.
The 62-year-old Popular Action party’s representative will also review the US$5.0 billion project owned by Petroperu to modernize the Talara refinery.
The representative was also against Southern Copper’s Tia Maria copper project, which is already halted for more than ten years due to social conflicts.

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