Cerro Verde
Cerro Verde is a Peru-based copper mining company founded in 1993 that produces copper concentrate, molybdenum concentrate, and copper cathodes from a major open-pit operation in Arequipa, serving global commodity markets.
- Company typePrivate
- Founded1993
- HeadquartersArequipa, Peru
- Headcount5,001–10,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What Cerro Verde does
Cerro Verde is a Peru-based copper mining company that produces copper concentrate, molybdenum concentrate, and copper cathodes from a major open-pit operation in the Arequipa region. Founded in 1993 and headquartered in Arequipa, the company operates at significant scale with 5,001-10,000 employees, and is consistently referenced as one of Peru's largest mining producers alongside Antamina, Southern, and Buenaventura.
The company's product portfolio is concentrated in base and byproduct metals typical of large-scale porphyry copper operations, with copper concentrate and cathodes as primary outputs and molybdenum as a byproduct credit. Cerro Verde sells into global commodity markets rather than to identified downstream customers; the supplied sources do not disclose offtake counterparties, pricing formulas, or hedging arrangements. The website cerroverde.pe is the primary public-facing presence, and no proprietary technology stack, digital platform, app, or API surface is disclosed.
On the commercial side, Cerro Verde is classified as a private for-profit entity, with no IPO status, no disclosed funding rounds, no parent company identified, and no subsidiaries listed. Operational activity is evidenced by continued contracting of heavy equipment and lifting services from Arequipa-based vendors such as GTSL. Ownership, capital structure, and management team are not disclosed in the available material, leaving a meaningful information gap for prospective investors.
Cerro Verde firmographics
Firmographics- Name
- Cerro Verde
- Website
- https://cerroverde.pe
- Company type
- Private
- Founded year
- 1993
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- Cerro Verde is a Peru-based copper mining company founded in 1993 that produces copper concentrate, molybdenum concentrate, and copper cathodes from a major open-pit operation in Arequipa, serving global commodity markets.
- Ownership category
- akta.pro rank
Cerro Verde industry classification
Industry- Product category
- Copper Mining
- NAICS
- Copper, Nickel, Lead, and Zinc Mining (212230), Support Activities for Metal Mining (213114)
- SIC
- Metal Mining (1000)
- akta.pro primary industry
- Copper Ore Mining (Open-Pit & Underground) (IMAKADAB)
- akta.pro secondary industries
- Copper Exploration & Resource Development (IMAKADAA), Copper By-Products Recovery (Molybdenum, Gold/Silver, Sulfuric Acid) (IMAKADAH)
Keywords
Where Cerro Verde is headquartered
LocationHeadquarters
- HQ city
- Arequipa
- HQ country
- Peru
- HQ region
- Latin America
Offices1 record
Markets served
Cerro Verde business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Operations, Personnel, Infrastructure, Supply Chain, Others
Cerro Verde product offering
Product offeringCore offering
Cerro Verde is a copper mining company that produces copper concentrate, molybdenum concentrate, and copper cathodes. It operates a large-scale open-pit copper mine in the Arequipa region of Peru and sells its mineral outputs into the global mining supply chain. The company was founded in 1993 and employs between 5,001 and 10,000 people in support of its extraction and processing operations.
Differentiator
Problem solved
Functional benefit
Products and services
- Copper Concentrate Intermediate copper-bearing mineral concentrate produced from Cerro Verde's open-pit mine in Arequipa, Peru, sold to smelters and commodity buyers for further refining.
- Molybdenum Concentrate By-product molybdenum concentrate extracted during copper ore processing at Cerro Verde's Peruvian operations, sold to industrial buyers for use in steel alloys and related applications.
- Copper Cathodes Refined copper cathodes produced by Cerro Verde for industrial and electrical-grade applications, supplied to commodity buyers downstream of its mining and processing chain.
Companies that use Cerro Verde
Customer profileSegments1 record
Ideal customer profiles1 record
Cerro Verde technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Cerro Verde partnerships and signals
Strategic signalScale indicators1 record
Recent moves2 records
Expansion highlights3 records
Cerro Verde competitors and assessment
Company assessmentDirect peers
- Antofagasta: Antofagasta is a major Chilean copper miner producing concentrates and cathodes, closely comparable in terms of South American Andean copper mining operations and integrated concentrate-to-cathode value chain.
- First Quantum Minerals: First Quantum is a leading global copper miner with large-scale open-pit operations, comparable in mine type, copper concentrate output, and exposure to Latin American mining jurisdictions.
- Buenaventura: Buenaventura is a major Peruvian precious and base metals miner cited alongside Cerro Verde as a top Peruvian mining company, providing a directly comparable Peruvian-listed peer with overlapping product exposure.
- Antamina: Antamina is one of Peru's largest copper-zinc mining operations and is explicitly mentioned alongside Cerro Verde as a major Peruvian mining company, sharing scale, geography, and base-metal focus.
- Codelco: Codelco is the world's largest copper producer and Chile's state-owned copper miner, directly comparable in terms of large-scale, open-pit copper concentrate and cathode production in South America.
- Freeport-McMoRan: Freeport-McMoRan is the largest publicly traded copper producer globally and a long-standing major shareholder in Cerro Verde, making it the most directly comparable peer in terms of asset base, copper exposure, and Peruvian operating footprint.
- BHP: BHP is a top global miner with a significant ownership stake in Cerro Verde and operates large-scale copper assets, sharing the same diversified-miner profile and direct exposure to Peruvian copper output.
- Southern Copper: Southern Copper is a Peru-based, large-scale copper miner producing concentrates and cathodes, directly comparable to Cerro Verde in geography, product mix, and integrated mine-to-metal operations.
Broad incumbents
- Glencore: Glencore is one of the world's largest copper producers and traders with integrated mining and marketing operations, broadly comparable to Cerro Verde's role in global copper supply and concentrate trading.
- Anglo American: Anglo American is a diversified major miner with a sizeable copper portfolio, broadly comparable in scale and copper-concentrate production, though diversified across multiple commodities and geographies.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Cerro Verde social profiles
Digital presenceCerro Verde financial estimates
Financial estimateRevenue estimate
Valuation estimate
Cerro Verde leadership team
Management profileNumber of profiles
Profiles1 record
Cerro Verde funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Cerro Verde M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Cerro Verde
What does Cerro Verde do?
Cerro Verde is a copper mining company that produces copper concentrate, molybdenum concentrate, and copper cathodes. It operates a large-scale open-pit copper mine in the Arequipa region of Peru and sells its mineral outputs into the global mining supply chain. The company was founded in 1993 and employs between 5,001 and 10,000 people in support of its extraction and processing operations.
Is Cerro Verde a public or private company?
Cerro Verde is a private company. It is classified as unknown and is currently operating.
When was Cerro Verde founded?
Cerro Verde was founded in 1993. It employs 5,001 to 10,000 people.
Where is Cerro Verde based?
Cerro Verde is headquartered in Arequipa, Peru, in the Latin America region.
Who are Cerro Verde's main competitors?
Direct peers on record are Antofagasta, First Quantum Minerals, Buenaventura, Antamina, Codelco, Freeport-McMoRan, BHP and Southern Copper. Broad incumbents are Glencore and Anglo American.
Does Cerro Verde have an API?
No public API is recorded for Cerro Verde.
What industry is Cerro Verde in?
Cerro Verde's product category is Copper Mining. Its primary akta.pro industry code is IMAKADAB, Copper Ore Mining (Open-Pit & Underground), with a secondary code of IMAKADAA, Copper Exploration & Resource Development. Its NAICS code is 212230 and its SIC code is 1000.