Komatsu-Mitsui Strengthens Its Multi-Million Investment Plan in Peru’s Mining Sector
Komatsu-Mitsui Maquinarias Perú (KMMP) is doubling down on its commitment to the Peruvian mining industry with a robust investment strategy aimed at expanding infrastructure, enhancing services, and boosting operational efficiency. The company, which operates across mining, construction, and energy, is on track to surpass USD $1 billion in revenue by 2025.
Strategic Investments in Arequipa and Callao
Komatsu-Mitsui is allocating USD $6 million to its facilities in La Joya, Arequipa, where the focus is not on expanding capacity but on optimizing service delivery. Investments include the construction of a new warehouse, paving yards, and upgrading internal processes to better serve key mining clients such as Antapaccay (Cusco) and Cerro Verde (Arequipa).
In parallel, the company will invest USD $2 million in its Callao headquarters to expand Cummins workshops and install a new high-power engine dynamometer. This facility will allow KMMP to test and deliver next-generation engines more efficiently.
Expanding Portfolio and Market Reach
Following its integration with Komatsu Mining Corp Perú (KMC), the company now offers more than 25 product lines, including electric shovels, loaders, and underground mining equipment. Beyond equipment sales, KMMP is strengthening its after-sales services, repairs, and spare parts distribution, making service a core pillar of growth.
Currently, mining accounts for 75% of KMMP’s revenues, with the remainder supported by construction, energy, and marine sectors through its Cummins distribution network. The upcoming fiscal period (October–March) is expected to be driven by large-scale deliveries to leading mines such as Antamina, cementing KMMP’s role as a key partner in Peru’s surface mining industry.
In parallel, the company will invest USD $2 million in its Callao headquarters to expand Cummins workshops and install a new high-power engine dynamometer. This facility will allow KMMP to test and deliver next-generation engines more efficiently.
Market Outlook for 2025
CEO Julio Molina highlighted that KMMP is on track to achieve 10–12% growth by year-end 2025, fueled by increased demand for mining fleets and services. With approximately 12 major clients dominating surface mining and over 3,000 active buyers across multiple lines, KMMP continues to expand its footprint in one of the world’s most resource-rich mining markets.
Komatsu-Mitsui’s renewed investment strategy reaffirms its long-term vision: supporting Peru’s mining industry with world-class equipment, innovative technology, and reliable after-sales service.
Source: Gestion – Komatsu-Mitsui’s multi-million plan in Peru
