Mining Digital May 2022 | Page 109

TOP TEN 10
The copper mining sector may be experiencing extreme volatility but these countries are leading the pack in terms of meeting rising global demand
WRITTEN BY : DOMINIC ELLIS

With 5,600Kt of copper mined in 2021 , Chile was the top copper producer worldwide , followed by Peru ( 2,200Kt ) and China ( 1,800Kt ).

The copper market has been booming — surpassing US $ 10,000 per tonne last year — on account of strong global manufacturing activity , rising demand for electric vehicles , constrained growth in world copper production , low stockpiles , and supply constraints owing to shipping delays . As such , declining production volumes and soaring prices mean it could be a challenging year ahead . Here are the top 10 copper producers worldwide .
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