Currently, Peru is the second-largest copper producer in the world, and presently has Hard Rock lithium. The South American nation does not produce lithium at the moment, although it contains one of the greatest lithium resources in the world. Because of the rising demand for lithium batteries for electric vehicles, there has been a boom in interest in exploring Peru’s lithium deposits recently.
The finding of a sizable hard-rock lithium deposit in the Puno region of southern Peru was announced by the Canadian mining company Plateau Energy Metals Inc. in 2008. The deposit is among the world’s largest and is referred to as the Macusani project.