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Anglo American slows Peru copper project construction due to national quarantine

Reuters - UK Focus

March 17 (Reuters) - Global miner Anglo American on Tuesday said it is slowing down the construction work of the Quellaveco copper project in Peru, following a 15-day national quarantine to curb the spread of the coronavirus outbreak.

The Quellaveco project is expected to start production in 2022, with an expected capital cost of $5 billion to 5.3 billion, Anglo said. (Reporting by Shanima A in Bengaluru; Editing by Bernard Orr)