Copper is one of the world's most versatile metals and the third most used behind iron ore and aluminum. It's an essential component in buildings and cars, part of the money supply, and a key material used in renewable energy. Consequently, it's in high demand. The global economy consumed 23.6 million tons of it in 2018, and that figure is expected to grow to 29.8 million tons by 2027, according to a forecast by Fitch Solutions.
Given that outlook, the world's biggest copper miners should be able to continue expanding their production in the coming years. That growth potential is why investors should get to know the copper industry. Here's a closer look at the 10 biggest copper stocks.
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