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#china #project #copper #mine #brazil #usa #peru In recent years, China has gradually developed into one of the top three economic powers in the world. However, rapid development has caused China to account for 47% of the world's copper ore consumption. In the past few years, China purchased the Las Bambas copper mine in Peru for US$6 billion. It is reported that this copper mine produces as much as 290,000 tons of copper every year. At that time, many Western media listed China’s acquisition of the copper mine as one of China’s most successful overseas investment cases. However, the United States secretly visited Peru after the Summit of the Americas in 2022. Since then, the Las Bambas copper mine has been subject to protests and road blockades by local residents. In order to solve this problem, China has tried to communicate and negotiate with local communities, but the results have not changed. The situation became even more serious, leading to the copper mine facing closure. So why are local residents blocking China’s mining of the Las Bambas copper mine? Once the Las Bambas copper mine closes, what kind of losses will it bring to China?
