2024’s Copper Champions: Ranking the Top 10 Copper Producers

1. BHP Group (Australia) BHP Group, headquartered in Melbourne, Australia, is a global leader in the mining industry and a significant producer of copper. The company operates copper mines across various geographic regions, including Australia, Chile, and the United States. BHP’s commitment to sustainable mining practices and technological advancements has contributed to its success in copper production. 2. Freeport-McMoRan Inc. (United States) Freeport-McMoRan, based in Phoenix, Arizona, is one of the largest copper producers in the world. The company’s diverse portfolio of copper assets includes mining operations in the Americas and Indonesia. Freeport-McMoRan’s focus on operational efficiency and strategic investments has positioned it as a key player in the global copper market. 3. Glencore plc (Switzerland) Glencore, headquartered in Baar, Switzerland, is a leading diversified natural resource company with a significant presence in the copper sector. The company’s copper assets span multiple countries, including Zambia, the Democratic Republic of Congo, and Peru. Glencore’s integrated business model and strong marketing capabilities have made it a prominent copper producer. 4. Codelco (Chile) Codelco, the National Copper Corporation of Chile, is the largest copper producer in the world. Based in Santiago, Chile, the state-owned company operates several copper mines in the country, including the renowned Chuquicamata and El Teniente mines. Codelco’s long history of copper production and ongoing exploration efforts underscore its importance in the global copper market. 5. Southern Copper Corporation (Mexico) Southern Copper Corporation, headquartered in Phoenix, Arizona, is a major copper producer with mining operations in Mexico and Peru. The company’s focus on cost-effective production, coupled with its significant copper reserves, has positioned it as a key player in the industry. Southern Copper’s commitment to sustainable development further enhances its reputation. 6. Antofagasta plc (United Kingdom) Antofagasta, based in London, United Kingdom, is a leading copper mining company with operations primarily in Chile. The company’s flagship mine, Los Pelambres, is among the largest copper mines in the world. Antofagasta’s strategic initiatives, including exploration projects and technological innovations, support its position as a prominent copper producer. 7. First Quantum Minerals Ltd. (Canada) First Quantum Minerals, headquartered in Vancouver, Canada, is a diversified mining company with significant copper assets in Zambia, Panama, and Mauritania. The company’s focus on operational excellence and investment in growth projects has enabled it to expand its copper production capacity. First Quantum Minerals’ commitment to environmental stewardship adds to its industry standing. 8. KGHM Polska Miedz S.A. (Poland) KGHM Polska Miedz, based in Lubin, Poland, is one of the largest copper producers in Europe. The company’s copper mining operations in Poland and international projects contribute to its strong position in the global copper market. KGHM’s focus on technological innovation and sustainable mining practices align with industry best practices. 9. Rio Tinto Group (United Kingdom) Rio Tinto, headquartered in London, United Kingdom, is a leading global mining company with significant copper interests. The company’s copper assets in Australia, the United States, and Mongolia contribute to its diversified portfolio. Rio Tinto’s commitment to safety, environmental stewardship, and community engagement underpin its copper production activities. 10. Grupo Mexico (Mexico) Grupo Mexico, based in Mexico City, is a prominent copper mining company with operations in Mexico and Peru. The company’s integrated mining and transportation infrastructure supports its copper production activities. Grupo Mexico’s focus on efficiency and operational excellence has established it as a key player in the Latin American copper market. Overall, these top 10 copper-producing companies play a vital role in meeting global demand for this essential industrial metal. Their operational excellence, strategic investments, and commitment to sustainability contribute to their success and reinforce their positions as industry leaders in the copper sector.