Global Copper Mining Market Analysis by Reserves, Production, Assets, Demand Drivers and Forecast to 2035

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GlobalData's "Global Copper Mining to 2035" provides a comprehensive coverage on the global copper industry. It provides historical and forecast data on copper production by country, production by company, reserves by country and world copper prices. The report also includes a demand drivers section providing information on factors that are affecting the global copper industry. It further profiles major copper producers, information on the major active, planned and exploration projects by country.

Global copper production grew by a marginal 0.8% in 2025 over the previous year to 22,869.7 thousand tonnes (kt), reflecting the lower production from key producing countries. Indonesia, Chile, Kazakhstan, Australia, Mexico and Mauritania contributed to the output contraction, lowering their output from 9 million tonnes (Mt) in 2024 to 8.3Mt in 2025 – a 7.1% decline. In contrast, these declines were offset mainly by the increased output from the DRC, Mongolia, Zambia, China, and Brazil.
Looking ahead, global copper production is expected to grow by 2.3% in 2026 to 23.4Mt. The robust growth will be supported by improved output from the DRC, the US, China, Mongolia, Zambia, Canada and Indonesia. However, declines in Peru, Australia and Mauritania are expected to partially offset these gains.

Scope

The report contains an overview of the global copper mining industry including key demand driving factors affecting the global copper mining industry. It provides detailed information on reserves, reserves by country, production, production by country, production by company, major operating mines, competitive landscape, major exploration and development projects.

Key Highlights

This report outlines the latest production trends and outlook for the global copper mining industry, including:

  • Global copper mine output is projected to grow by 2.1% in 2025, reaching 23.4 million tonnes, up from 22.9 million tonnes in 2024.
  • Near-term growth is constrained by production declines in Australia and Indonesia, which will limit overall global expansion.
  • These declines are expected to be partly offset by production gains in Zambia, Chile, Mongolia, the Democratic Republic of the Congo, and Peru.
  • Combined output from Indonesia and Australia is forecast to fall from 1.8 million tonnes in 2024 to 1.5 million tonnes in 2025, partially offsetting global growth.
  • The report provides detailed insight into copper production by country and company, reserves by country, world copper prices, and major active, planned, and exploration projects.

Reasons to Buy

To gain an understanding of the global copper mining industry, relevant driving factors

To understand historical and forecast trend on global copper production

To identify key players in the global copper mining industry

To identify major active, exploration and development projects by country

Corporacion Nacional del Cobre de Chile
BHP
Freeport-McMoRan Inc.
Grupo Mexico SAB de CV
Glencore plc
Zijin Mining Group
CMOC Group
Rio Tinto
Anglo American
Antofagasta plc

Table of Contents

Executive summary

Reserves

Copper production

Copper prices

Active mines

Major development projects

Major exploration projects

Competitive landscape

Demand

Appendix

Global Copper Mining Market Analysis by Reserves, Production, Assets, Demand Drivers and Forecast to 2035 standard reports
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