PERUMIN HUB MINING INNOVATION IN PERU

CHALLENGESSHARED VALUE

The future of mining not only depends on the efficient extraction of minerals but also on its ability to adapt to new market demands. Globally, the shift toward a more sustainable economy is driving the use of strategic minerals for the production of fertilizers, batteries, clean energy, and other applications. This presents a major opportunity for Peruvian mining to diversify its portfolio and explore new business models.

Likewise, integration across the entire value chain offers opportunities to capture value, from emissions control to the creation of premium, cleaner products. Mining and metals companies are exploring local partnerships that can generate long-term organizational and social value.

CHALLENGE 1

How can mining develop new products and business models aligned with global trends?

Peruvian mining has historically focused on extracting metals like copper, gold, and zinc. However, there are opportunities to expand into the production of minerals used in fertilizers, water treatment, animal nutrition, and clean technologies. Diversification would not only increase the industry's value but also enable greater resilience in the face of price fluctuations for traditional metals.

Value Elements:

Solutions related to the production of minerals for agricultural and livestock activities (fertilizers, nutrients, pesticides, animal nutrition).

Solutions that include new business models aligned with the circular economy.

Solutions that bring communities and companies closer together, considering current and future local capacities.

Multi-stakeholder approach solutions.

Solutions that promote the development of local supplier clusters and networks for diversification and innovation.

Technological solutions and business models for the commercial valorization of mining by-products.

Solutions with new business models that leverage the production of strategic mineral inputs for emerging sectors (electronics, nanotechnology, electromobility).

Solutions for the mining sector that incorporate new business models related to urban mining and electronic waste recovery.

Solutions that integrate regenerative mining as a competitive advantage.

Solutions that include local suppliers, accessible technologies, and self-sustainable business models.

CHALLENGE 2

How can we optimize and reduce operational costs in the logistics value chain through technologies and synergies with stakeholders?

Transport and logistics represent a significant portion of operational costs in mining, especially in Peru, where complex geography and reliance on fossil fuels increase supply chain challenges. Addressing this challenge requires optimizing and reducing operational costs by integrating the entire value chain, creating synergies with suppliers, and leveraging innovative technologies. This will not only improve efficiency and sustainability but also generate organizational and social value for the sector, contributing to more responsible and competitive mining.

Value Elements:

Solutions that integrate Industry 4.0 technologies across the entire value chain (mine, plant, port), including suppliers.

Solutions for supply shortages or logistical cost overruns caused by external variables (e.g., conflicts).

Social logistics solutions to improve agreements with communities by including them in the value chain.

Solutions to strengthen supplier networks using blockchain (transparency, contracts, traceability).

Route and time optimization solutions to enhance supplier relations.

Solutions that simplify the supplier certification process.

Strategic solutions to integrate Peruvian mining into global sustainable and circular value chains.

Solutions for logistical risk management and operational resilience using AI and/or advanced analytics tools.

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Newsletter PERUMIN 36

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