Top 10 Copper-producing Companies

2025-12-02 16:50:00 ET

Copper miners with productive assets have much to gain as supply and demand tighten.

The price of copper reached new all-time highs in 2025 on both the COMEX in the United States and the London Metals Exchange in the United Kingdom.

On the COMEX, the copper price peaked at US$5.94 per pound after the White House announced tariffs on the red metal in late August. However, prices moderated in August after refined products were excluded, supply and demand fundamentals kept the price near historic highs. In the UK, the price has steadily climbed, reaching a record high of US$11,067.50 per metric ton on October 29.

Copper is one of the most important resources for the energy transition, but demand for the red metal is outpacing mining supply. While construction and electrical grids have long been major markets for copper, today the rise in demand for electric vehicles, EV charging infrastructure and energy storage applications are emerging drivers of copper consumption.

Another trend driving future copper demand is the rapid urbanization in the Global South, as rural populations migrate to cities, putting pressure on electricity grids.

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