We are considered one of the lowest-cost producers in the industry, thanks to the quality of our mineral deposits.

Location

Our story began in 1943 in the highlands of the Ticlio Pass, and all our operations remain rooted in Peru’s Central Highlands.

History
1943
Mining operations began.
1990

Volcan expands its operations by acquiring mining areas and assets.

1997

Acquisition of Mahr Túnel, including the San Cristóbal and Andaychagua mines and the Mahr Túnel and Andaychagua plants.

1999

With the acquisition of Paragsha and its Cerro de Pasco unit, Volcan becomes the largest zinc producer in Peru.

2000

Acquisition of Chungar and Vinchos.

2004

Acquisition of the Baños I, II, III, and IV hydroelectric plants and the Chicrín power station.

2009

Chungar completes the construction of the Baños IV power plant.

2012

Volcan issues corporate bonds for up to US$600 million for 10 years, at a fixed rate of 5.375%.

Acquires the Huanchor Hydroelectric Plant and starts operations at the Baños Hydroelectric Plant.

2013

Consolidation of the Islay mine through the acquisition of surrounding concessions.

Completion of the expansion of the Animón, Victoria, and Andaychagua plants.

2014
Start of operations at the Alpamarca unit and its Oxide Plant. Acquisition of the Tingo.
2016
The Rucuy Hydroelectric Plant begins commercial operations. Acquisition from Milpo of the Romina polymetallic project.
2019
Partnership agreements signed with Cosco Shipping Ports Limited to develop the Chancay Multipurpose Port.
2024

Approval of the spin-off of the asset block made up of 40% of the shares in Cosco Shipping Ports Chancay Peru S.A.

Glencore announces the sale of its stake in Volcan to Transition Metals AG, a subsidiary of Integra Capital, a Panamanian company that invests in commodity industries.

Transition Metals acquires 55% of Volcan’s Class A common shares and 22.1% of its share capital.

Inauguration of the Port of Chancay during the APEC Economic Leaders’ Summit.

Mining operations began

Volcan expands its operations by acquiring mining areas and assets.

Acquisition of Mahr Túnel, including the San Cristóbal and Andaychagua mines and the Mahr Túnel and Andaychagua plants.

With the acquisition of Paragsha and its Cerro de Pasco unit, Volcan becomes the largest zinc producer in Peru.

Acquisition of Chungar and Vinchos.

Acquisition of the Baños I, II, III, and IV hydroelectric plants and the Chicrín power station.

Chungar completes the construction of the Baños IV power plant.

Volcan issues corporate bonds for up to US$600 million for 10 years, at a fixed rate of 5.375%.

Acquires the Huanchor Hydroelectric Plant and starts operations at the Baños Hydroelectric Plant.

Consolidation of the Islay mine through the acquisition of surrounding concessions.

Completion of the expansion of the Animón, Victoria, and Andaychagua plants.

Start of operations at the Alpamarca unit and its Oxide Plant. Acquisition of the Tingo.

The Rucuy Hydroelectric Plant begins commercial operations. Acquisition from Milpo of the Romina polymetallic project.

Partnership agreements signed with Cosco Shipping Ports Limited to develop the Chancay Multipurpose Port.

Approval of the spin-off of the asset block made up of 40% of the shares in Cosco Shipping Ports Chancay Peru S.A.

Glencore announces the sale of its stake in Volcan to Transition Metals AG, a subsidiary of Integra Capital, a Panamanian company that invests in commodity industries.

Transition Metals acquires 55% of Volcan’s Class A common shares and 22.1% of its share capital.

Inauguration of the Port of Chancay during the APEC Economic Leaders’ Summit.

This is how we have reached 81 years since our founding, becoming a diversified mining company and a global leader in zinc, lead, and silver.

Our purpose:

We transform resources into comprehensive development and shared value.

Our mission:

To maximize value for our stakeholders in a sustainable manner through the safe, efficient, and innovative development of mineral resources.

Our vision:

To be a leader in the production of metals the world requires, generating development and shared value for our stakeholders, driven by sustainability and innovation.

Our values:

Safety

Safety is our highest priority. We look out for one another, and if work is not safe, we stop operations.

Integrity

We have the courage to do what is right, even when it is difficult. We honor our commitments and treat everyone fairly and with respect.

Determination

We make things happen. We decide, execute, and continuously learn until we achieve our objectives.

Excellence

We pursue agility and competitiveness, adapt to change, and encourage new ideas that drive continuous improvement across our processes.

Responsibility

We build sustainable, purpose-driven relationships, celebrate our mining identity, and actively commit to collective success.