Peru is looking to Australian companies for hundreds of millions of dollars for critical mineral investment with 51 projects having a combined $US55 billion revenue potential in the pipeline to 2035.
Peru's Energy Minister Romulo Mucho says China has $US25 billion ($A38 billion) invested in the South American country's mining and critical minerals sector, accounting for almost 30 per cent, but he doesn't want an over-reliance as Beijing targets Latin American markets.
