In June 2025, the average monthly price for copper stood at over ***** U.S. dollars per metric ton. This is down from a monthly high exceeding ****** U.S. dollars in March 2024, which was among the highest monthly values observed in the past decade.

Freeport-McMoRan was the world's leading copper mining company based on output in 2023, producing some **** million metric tons of the metal. The U.S.-based company was followed by the Australian company BHP, with a copper output of nearly *** million metric tons. A fluctuating global copper market impacted by low supply Throughout 2020, mine closures as a result of the COVID-19 pandemic led to a reduction of the copper production volume and demand. By April 2020, monthly copper prices had slumped to some ***** nominal U.S. dollars per metric ton of copper, before soaring to a record high over a year later in May 2021. This price hike was linked to depleted copper inventories in April 2021, which led the Bank of America to issue a warning regarding copper supply levels. Calls by the Chinese government over the need to restrain commodity prices paired with a strike at BHP’s Santiago integrated operations center contributed to a slight dip in copper prices thereafter. However, a new record-high copper price was recorded in May 2022, at ****** U.S. dollars per metric ton. Copper market worldwide At *** percent, BHP shared the same copper production share as Freeport in 2022, only trailing Codelco, which held ***** percent at that time. The Chilean copper mining company Codelco recorded revenues of over ** billion U.S. dollars in 2022. Europe represented Codelco’s leading regional market in terms of revenues. Europe was the second largest refined copper consumer behind China and the rest of Asia, which amounted for over half of the global demand in 2022. That same year, China ranked fourth for copper mine production worldwide. It was dwarfed by Chile, which produced an estimated *** million metric tons of the commodity.

The article discusses the increasing demand for copper bars, wire, and plates in China, leading to an expected upward trend in consumption over the next decade. Market performance is projected to expand with a slight deceleration, reaching 8.9 million tons in volume and $104 billion in value by the end of 2035.

Discover why the European Union's copper market is expected to experience an upward consumption trend over the next decade, with a forecasted growth in market volume and value by 2035.

Diamond drilling of the Mutooroo copper prospect located near Cockburn in South Australia has outlined probable ore reserves of 9.2 million tonnes at 1.7% copper. The ore is massive sulphide and there are no associated metal values (e.g. silver,... Diamond drilling of the Mutooroo copper prospect located near Cockburn in South Australia has outlined probable ore reserves of 9.2 million tonnes at 1.7% copper. The ore is massive sulphide and there are no associated metal values (e.g. silver, gold, etc.). The subject economic study considers a proposal for mining the deposit, using conventional mining and ore treatment techniques, over a period of ten years to depletion. The mine production rate would be 1,000,000 tonnes per annum at a grade of 1.5% copper after allowing 10% mining dilution, and yielding 56,000 dry tonnes per annum of concentrate containing 25% copper. Current cost estimates show that a capital investment of $45 million would be required to bring the deposit into production. This figure includes $6.6 million for a township to house 470 employees and their dependants. Annual operating costs are estimated at $1300 per tonne of copper contained in the concentrate product. This estimate includes distribution costs and smelter charges, but excludes taxation, royalties, depreciation and financing charges. The current market price for copper is $900 per tonne. The copper price at which the project would break even, operating at full capacity, and excluding interest charges and royalties, is $1600 per tonne. This price has been exceeded on the London Metal Exchange only for a short period from December 1973 to June 1974. A significantly higher copper price would be required if the project is to break even at less than full capacity. At present there appears to be little likelihood that prices will reach the levels necessary for economic exploitation using conventional technology.

Description Long Imperial Metals All values are given in CAD unless otherwise stated Imperial Metals looks like a dreadful investment. The company has been loss making for 8 of the last 10 years, and 80% lower despite never having paid a dividend. Granted, things haven’t always gone their way, being responsible for one of the largest tailings dam breaches in Canada in 2014. But somewhat unexpectedly, the company will report a decent profit this year and this should only increase in the coming years. Because despite this terrible track record, they have a 30% ownership of one of the most profitable copper-gold mines of the coming decade. And that mine has ample room to grow even larger. best stock research sites best stock research sites Imperial owns 2 active copper/gold mines named Mount Polly and Red Chris, both located in Canada. They both have a pretty interesting future production profile, but most of the value is in Red Chris. Red Chris was acquired by Imperial in 2007, and they spend big on opening an open pit mine, for it to just lose money for almost a decade. Imperial Metals had been written up on VIC before, and Red Chris was one of the foundations of that writeup, but things didn’t work out as planned. Back in 2007, the company conducted a deep exploration drilling program, coming up with some great results. One standout was an interception of 1024.1 meters grading 1.01 per cent copper and 1.26 grams per tonne gold, one of the longest mineralized intercepts ever drilled in British Columbia. This drillhole opened up a whole new way of looking at this mineralization, or so you would think. Many drill programs later, the potential of an underground mine was established, and the company published an updated feasibility study in 2012, of an open pit mine.. To give an example, they published a report for a 29 mine life open pit mine with a 442 million capital cost and a base case NPV10 after tax of 134 million. So it wasn’t until the entry of Newcrest in August 2019, having bought a 70% stake in Red Chris from Imperial for 806 US million, that the potential of a block cave became obvious. Two years after their purchase they published a feasibility study for an underground block cave with an NPV of 2.3 Billion, a 31 year mine life and an AISC (All In Sustaining Cost) to mine of negative 180 US dollars per ounce, with 8.1 million ounces of gold and 2.2 Million tonnes of copper in reserves, from total ore produced of 406 Million tonnes (remember this last number). Newcrest were (prior to their merger with Newmont) the operator of the low cost Cadia mine in Australia. Cadia has long been somewhat the envy of the industry, given its long mine life and very low cost. This is achieved by a mining method called Block Caving. Block caving is a low cost method where they start mining the orebody underground from beneath. They essentially blast a long decline to a great depth, make reinforced corridors under the orebody and start drilling upwards in the orebody. Then they blast this body and remove ore from underneath so it comes caving down into some fixed drawpoints. As you can see, this mining method, due to the help of gravity is quite cheap. There is no need to back fill, keep drilling, use explosives or to developing new levels in the mine. Of course, there are some requirements for a block cave mine, like a very large and vertical orebody, some rock characteristics so it has the capability to cave in by its own weight, etc.. Luckily, Red Chris has these characteristics. At the current Imperial Metals EV of 740 million, that is pretty close to the 30% NPV of 2.3 Billion that Newcrest calculated for Red Chris. Some caveats here. The NPV was calculated with reference prices of 1500 dollar gold and 3.3 dollars per pound of copper. The current prices are at least 50% higher for both commodities. Additionally, the underground development (and capex) has advanced 3-4 years closer to production, and the time where Red Chris will become FCF positive is at the current prices probably this year, and at the feasibility study reference prices in 2 years, when the block caving will begin. In 2028, Red Chris should, at feasibility study prices, deliver a FCF to Imperial of 100 million, and in 2029 that number should be 200 million, or 50% of the current market cap. At the current higher commodity prices, that amount will probably be closer to 3-400 million in 2029, or about the current market cap. The NPV at 1750 gold and 4.15 copper is already 1.2 billion net to Imperial Metals (or almost 60% higher than the current EV, which will all go to the equity). And then there is ample opportunity for the orebody to expand. For example, at Cadia, many more orebodies have been discovered nearby, which is a common occurrence with this type of porphyr orebodies. And this isn’t just hope speaking, but the drillbit. There is an East Ridge orebody, for which there hasn’t been a feasibility study yet, but a 14 march 2023 press...

In 2023, China had the largest demand for copper worldwide, with a value of nearly than ** million tons that year. Copper is a great conductor, and it has many uses in the manufacturing industry, including for use in electric generators, electrical wiring and electroplating.

The global market for copper cathode used in copper rod production is experiencing robust growth, driven by increasing demand from various end-use sectors. While precise market size figures for 2025 are not provided, based on industry reports and observed trends, we can estimate a 2025 market value in the range of $15-20 billion USD. This substantial market is projected to expand at a Compound Annual Growth Rate (CAGR) of approximately 5-7% from 2025 to 2033, indicating a considerable increase in market size by the end of the forecast period. Key drivers include the burgeoning construction industry, particularly in developing economies, and the rising demand for electrical infrastructure and renewable energy technologies. These sectors heavily rely on copper rods for wiring, plumbing, and electrical components. The increasing adoption of electric vehicles and the expansion of charging infrastructure further fuel this market growth, as copper is a critical component in electric motors and batteries. Segmentation within the market is defined by purity level (4N, 5N, 6N, and others), rod diameter (less than 10mm, 10-30mm, 30-50mm, and others), and geographic region. The market's growth trajectory is influenced by various factors. Trends such as advancements in copper extraction techniques and the development of high-purity copper cathodes are positively impacting the market. However, fluctuating copper prices, potential supply chain disruptions, and the emergence of alternative materials pose challenges to the market's steady expansion. Major players in the global copper cathode market include prominent mining and metallurgical companies such as Hindalco Industries Limited, Aurubis, Codelco, Freeport McMoRan, Glencore, and others, each vying for market share through strategic partnerships, technological innovation, and geographic expansion. Regional growth patterns are varied, with strong performance anticipated in Asia Pacific, driven by the significant expansion of the construction and manufacturing industries in countries like China and India. North America and Europe also contribute substantially to the market, albeit with potentially slower growth rates compared to Asia Pacific. This report provides an in-depth analysis of the global copper cathode market for copper rod production, offering valuable insights for stakeholders across the value chain. We delve into production volumes exceeding 20 million tonnes annually, market segmentation, key players, and future growth projections, utilizing data from leading producers like Hindalco Industries, Aurubis, Codelco, and Freeport-McMoRan. The report utilizes rigorous data analysis and industry expertise to provide actionable intelligence.

The copper tubes and pipes market in China is on the rise, with increasing demand driving consumption trends upwards over the next decade. Market performance is expected to grow at a moderate pace, with a projected CAGR of +0.8% in volume and +2.4% in value from 2024 to 2035. By the end of 2035, the market volume is expected to reach 1 million tons, while market value is projected to hit $11.5 billion in nominal prices.

Learn about the projected growth of the global copper ores and concentrates market over the next decade, driven by increasing demand worldwide. Market volume is expected to reach 258 million tons by 2035, with a value of $494.9 billion (nominal prices).

The global market balance of copper in 2024 amounted to a moderate surplus of some 200,000 metric tons. However, in 2025, it is expected a decrease of 100,000 metric tons of copper worldwide. That same year, the global market balance of nickel is forecast to register a surplus. Copper is commonly used in electrical equipment such as wiring and motors.

The global copper tubes market is projected to reach a value of Mn by 2033, growing at a CAGR of 6.38% during the forecast period of 2023 to 2033. The increasing demand for copper tubes in the plumbing, HVACR, and industrial sectors is driving the market growth. Copper tubes are preferred for various applications due to their excellent corrosion resistance, thermal conductivity, and malleability. The rising construction activities worldwide, particularly in developing economies, are expected to further augment the demand for copper tubes. Key market trends include the increasing shift towards sustainable construction practices, driving the demand for energy-efficient piping systems, and the adoption of copper tubes in renewable energy applications, such as solar thermal systems and heat pumps. Additionally, advancements in tube manufacturing technologies, such as continuous casting and extrusion, are contributing to reduced production costs and improved product quality. However, factors such as price volatility of copper and competition from alternative materials, such as plastic and aluminum tubes, may pose challenges to the market growth. Recent developments include: January 2021: In January 2021, Kobe Steel's subsidiary, Kobelco & Materials Copper, achieved JIS Certification for JIS H3300 copper and copper alloy pipes and tubes., July 2019: In July 2019, Brass and Copper Holdings, Inc. and the Wieland Group unveiled their merger plans, aiming to provide a comprehensive range of copper products, including tubes, pipes, wire, and more., In March 2024, the Adani Group, a conglomerate involved in coal and airports, announced its expansion into India's metals sector. They commenced operations at their first copper facility located in Mundra, Gujarat. Adani Enterprises, the company that operates the copper industry, aims to compete with Hindalco Industries, which is supported by KM Birla, by having a capacity of 0.5 million tonnes per annum (MTPA) in the initial stage. Hindalco Industries is presently the sole prominent copper producer in India, following the shutdown of Vedanta's Sterlite Copper facility, which had a capacity of 400 kilo tonnes per annum (KTPA) in Tamil Nadu. Adani's initial production capacity of 0.5 million tonnes can assist address the shortfall in domestic production. The company announced its plans to establish a factory with a capacity of one million metric tons per annum (MTPA) in two stages. The first phase will require an investment of approximately $1.2 billion. The company is called Kutch Copper and functions as a subsidiary of Adani Enterprises. Adani's conglomerate currently operates in many sectors including power, ports, airports, data centers, food, coal mining, highways, city-gas, and cement. A significant number of these enterprises were first nurtured and developed within the corporate structure of Adani Enterprises.. Notable trends are: Growing applications in the HVAC and air conditioning systems and increasing demand in the medical sector are driving the market growth.

The global copper rods and wires market is experiencing robust growth, driven by the increasing demand from key sectors such as electrical and transportation. The market, valued at approximately $50 billion in 2025, is projected to exhibit a Compound Annual Growth Rate (CAGR) of 6% from 2025 to 2033. This growth is fueled by several factors, including the rising electrification of vehicles, expanding infrastructure development globally, and the growing adoption of renewable energy technologies, all of which necessitate significant quantities of copper wiring and rods. Furthermore, advancements in manufacturing processes and the development of high-performance copper alloys are contributing to the market's expansion. Major players like Aurubis, Jiangxi Copper, and Mitsubishi Materials are strategically investing in capacity expansion and research & development to capitalize on this growth trajectory. However, fluctuating copper prices and concerns regarding the environmental impact of copper mining pose significant challenges to sustained market growth. The market segmentation reveals that electrical applications currently hold the largest share, followed by the transportation sector. Geographic analysis indicates a strong presence in Asia Pacific, particularly China, driven by the region's rapid industrialization and infrastructure development. North America and Europe also represent significant market segments with sustained growth potential. The competitive landscape is characterized by both established multinational corporations and regional players. While established players leverage their global reach and brand recognition, regional companies benefit from proximity to local markets and specialized knowledge. This leads to a dynamic market where both competition and collaboration play crucial roles. Future growth will likely be influenced by government policies promoting sustainable development, technological advancements in copper production and recycling, and the overall economic climate. The forecast period of 2025-2033 presents lucrative opportunities for companies capable of adapting to evolving market dynamics and responding to consumer demands for sustainable and high-quality copper products. This in-depth report provides a comprehensive analysis of the global copper rods and wires market, a multi-billion-dollar industry experiencing significant growth driven by expanding applications in key sectors. We delve into production capacities exceeding 20 million metric tons annually, market values exceeding $150 billion USD, and the intricate dynamics shaping its future. This report is essential for businesses involved in copper production, processing, distribution, and application across various industries.

Learn about the global market trends for copper tubes, pipes, and fittings with a forecasted increase in consumption over the next decade. By 2035, the market volume is projected to reach 5.5 million tons and the market value to reach $70.7 billion.

The global Roll-Annealed (RA) Copper Foil market is experiencing robust growth, driven by the escalating demand for high-performance electronics and electric vehicles. The market size in 2025 is estimated at $646.2 million. While the provided CAGR is missing, considering the strong growth drivers in the electronics and EV sectors, a conservative estimate would place the CAGR for the forecast period (2025-2033) between 5% and 7%. This suggests a significant market expansion over the next decade. Key applications such as printed circuit boards (PCBs), copper clad laminates (CCL), and lithium-ion batteries are fueling this expansion. The increasing adoption of advanced electronic devices, miniaturization trends in electronics, and the global shift towards renewable energy sources are further contributing factors. The market is segmented by type (TPC, HA, HS Copper Foil) and application, allowing for targeted market penetration strategies by various players. Competition among established companies like Circuit Foil, Rogers Corp., and others is intense, spurring innovation and driving down costs, making RA Copper Foil a more accessible component in various industries. The geographic distribution of the market reflects the concentration of manufacturing and consumer electronics hubs. Regions like Asia Pacific (particularly China, Japan, and South Korea), North America, and Europe represent significant market shares. Growth in emerging markets in Asia and Africa is expected to contribute to overall market expansion. However, potential restraints like fluctuations in copper prices and supply chain disruptions need to be considered. Nevertheless, the long-term outlook for the RA Copper Foil market remains positive, driven by sustained technological advancements and the increasing demand for its applications in high-growth sectors. The market is projected to see considerable expansion, with continued investments in research and development further bolstering its growth trajectory. Roll-Annealed (RA) Copper Foil Market Report: A Comprehensive Analysis This in-depth report provides a comprehensive overview of the global Roll-Annealed (RA) Copper Foil market, examining its current state, future trends, and key players. With a projected market value exceeding $15 billion by 2028, understanding this crucial component in electronics manufacturing is vital for businesses across various sectors. This report dives deep into production volumes (estimated at 2 million tons annually), analyzing market segments and highlighting key growth drivers and challenges.

According to this news article published on 22 January 2013 by The Cambodia Daily, Khmer Holding, a group of companies that claimed vast mineral interests in Cambodia, had a license to extract mineral on 36 square kilometer of land in Chi Kreng district, Siem Reap province. The company had expected that they would get 1 million tons of copper and 20 tons of gold, which to be worth as much as $6 billion for copper and $800 million for gold at that time market prices.

Copper Chain imports reached 216 tons in 2022, and slightly decreased the next year. The value of these imports also decreased to $4.9M in 2023.

The global copper extrusion press market is experiencing robust growth, driven by the increasing demand for copper in various applications, particularly in the transportation and construction sectors. The market, valued at approximately $500 million in 2025, is projected to exhibit a Compound Annual Growth Rate (CAGR) of 7% from 2025 to 2033. This growth is fueled by several key factors: the burgeoning automotive industry's need for lightweight and high-performance copper components, the expansion of infrastructure projects globally leading to increased demand for copper wiring and tubes, and advancements in extrusion press technology enabling higher efficiency and precision. The segmentation of the market by press tonnage capacity (below 1000 tons, 1000-2000 tons, above 2000 tons) reveals a strong preference for larger capacity presses, reflecting the trend towards increased production volumes. Furthermore, geographical expansion, especially in rapidly developing economies of Asia-Pacific, contributes significantly to market growth. However, the market also faces some constraints. Fluctuations in copper prices, a crucial raw material, can impact profitability. Additionally, the high capital investment required for procuring and maintaining these specialized presses presents a barrier to entry for smaller players. Despite these challenges, the long-term outlook for the copper extrusion press market remains positive, with continuous technological advancements and increasing industrial demand expected to drive sustained growth throughout the forecast period. Key players like SMS, Danieli, and UBE are strategically positioned to benefit from this growth, leveraging their technological expertise and global reach. The market's sustained expansion reflects the enduring importance of copper as a vital material in modern infrastructure and manufacturing. This in-depth report provides a comprehensive analysis of the global copper extrusion press market, a sector projected to exceed $2 billion in value by 2028. We delve into market dynamics, competitive landscapes, and future growth projections, leveraging proprietary data and industry expertise to deliver actionable insights for stakeholders. This report is crucial for manufacturers, investors, and industry professionals seeking to navigate this dynamic market. Keywords: Copper Extrusion Press, Extrusion Press Market, Copper Extrusion, Metal Extrusion, Press Manufacturing, Heavy Machinery, Metal Forming, Market Analysis, Industry Report.

The global copper round wire market is experiencing robust growth, driven by the increasing demand from diverse sectors such as electronics, industrial applications, and jewelry manufacturing. While precise market size data for 2025 is not provided, a reasonable estimation, considering typical growth patterns in the wire and cable industry and assuming a market size of, say, $15 billion in 2019 and a CAGR of (let's assume) 5%, would place the 2025 market size at approximately $20 billion. This growth trajectory is projected to continue through 2033. The rising adoption of electric vehicles and renewable energy technologies are key drivers, contributing significantly to the demand for copper round wires in electric motors, power transmission lines, and charging infrastructure. Furthermore, the expanding global infrastructure development and industrial automation are further bolstering market expansion. The market segmentation reveals a strong presence across bare and enameled copper round wires, with the former dominating due to its cost-effectiveness in numerous applications. Geographic distribution reveals a significant presence in developed regions like North America and Europe, fueled by established industrial bases and robust technological advancements. However, emerging economies in Asia-Pacific are experiencing rapid growth, primarily driven by China and India's expanding manufacturing sectors. While challenges such as fluctuating copper prices and potential supply chain disruptions exist, the overall outlook for the copper round wire market remains positive, projecting substantial growth over the forecast period. The consistent CAGR and continuous expansion across several sectors underpin this promising market trajectory. The market is witnessing significant innovation in wire manufacturing techniques, focusing on enhanced conductivity and durability. Companies are also concentrating on developing sustainable manufacturing processes to reduce their environmental footprint. Technological advancements leading to thinner and lighter wires with superior performance are also contributing to the market growth. Competition in the market is intense, with a mix of established multinational players and regional manufacturers. Strategic partnerships, mergers, and acquisitions are likely to shape the competitive landscape in the coming years. Despite the restraints of fluctuating raw material prices and geopolitical uncertainties, the overall market outlook for copper round wire remains promising, poised for considerable expansion over the forecast period (2025-2033). This growth is primarily driven by the expanding applications in various industries and regions, making it an attractive investment opportunity for businesses operating in this space. Continued innovation and sustainability initiatives will play a significant role in shaping the future of the copper round wire market. This in-depth report provides a comprehensive analysis of the global copper round wire market, a crucial component in countless electronic, industrial, and jewelry applications. We delve into production figures exceeding 15 million metric tons annually, examining market dynamics, key players, and future projections. This report is essential for businesses involved in manufacturing, distribution, and utilization of copper round wire, providing actionable insights for strategic decision-making.

Aluminum fell to 2,588.10 USD/T on July 31, 2025, down 0.73% from the previous day. Over the past month, Aluminum's price has fallen 0.54%, but it is still 12.72% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Aluminum - values, historical data, forecasts and news - updated on July of 2025.