Powering power transmission in Cameroon
Issue 31
January, 2021
In Focus
Latin America’s mining sector has long been a cornerstone of global mineral production, and Peru has emerged as a key hub for mining operations. This holds tremendous potential from the trade point of view, with the logistics industry serving as the facilitating backbone. ECU Worldwide’s Minerals Desk, fully operated by ECU Worldwide Peru, stands at the forefront of facilitating containerised mineral exports, showcasing the region’s significance in the global commodities market.
At the heart of Latin America’s mineral export network lies ECU Worldwide’s Peru Minerals Desk, fully operated by ECU Worldwide Peru. Peru’s strategic location along the Pacific coast further enhances its appeal as a key hub for mineral exports, with efficient access to international markets.
“At ECU Worldwide, we recognize the immense potential of Latin America’s mineral exports and are proud to spearhead Peru’s role in this domain,” says Erie Babatsias, Cluster Head of Latin America for ECU Worldwide. “Our Peru Minerals Desk exemplifies our commitment to providing exceptional services, ensuring smooth trade flows for our customers.”
A region with rich potential
Latin America’s natural bounty of minerals ranges precious metals like gold and silver, and base metals such as copper, zinc, and tin. With centuries of mining history, countries like Peru, Mexico, Chile, and Brazil have established themselves as global leaders in mineral production, supplying essential raw materials to industries worldwide.
Among Latin American countries, Peru stands out as a mineral powerhouse, boasting abundant reserves and a diverse range of minerals, it has earned a prominent place in the global mining landscape. It has the world’s largest silver reserves. Moreover, Peru, along with Chile account for 40% of the global copper production according to the International Energy Agency (IEA), enabling Latin America to dominate the world’s copper reserves.
ECU Worldwide’s Peru Minerals Desk: A hub for mining operations
Since its inception over four years ago, ECU Worldwide’s Peru Minerals Desk has served as a central hub for containerised mining operations, connecting global markets and extending ECU Worldwide’s minerals footprint beyond Latin America to cover exports from the USA and Canada, Europe, Asia Pacific, and Africa. Operating as a Commodities Desk, this specialized division serves as a catalyst for facilitating the transportation of minerals from any point, streamlining the logistics of global shipments. Leveraging ECU Worldwide’s extensive network spanning 180 countries, it transcends geographical boundaries to ensure seamless trade flows.
Future Outlook: Sustaining Growth and Innovation
This mineral export industry is poised for continued growth and innovation. As demand for minerals continues to rise, particularly in emerging markets, the region’s strategic importance is set to increase proportionately. Committed to support this growth trajectory, ECU Worldwide’s Peru Minerals Desk offers reliable, flexible, and sustainable transportation solutions that enable new opportunities for minerals exporters and traders while navigating the evolving market.
