World's Largest Copper Miners Leave Money On The Table During Epic Rally
Some of the world's largest copper miners have not managed to make the most of the recent rally in copper prices because of operational challenges at major mining projects
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Some of the world's largest copper miners have not managed to make the most of the recent rally in copper prices because of operational challenges at major mining projects
After suffering significant impacts from the COVID-19 pandemic, global copper mine production increased through the first two months of 2021.
World’s top 10 biggest copper mines Freeport-McMoRan and Sumitomo Metal Mining's Morenci copper mine 80 km due northeast of Safford, Arizona. Credit: Freeport Arizona Copper, the highly conductive red metal vital to the manufacturing of products essential to the electrification of the world’s energy systems is also used in heating, cooling, electronics, power generation and transmission, automotive applications and has antimicrobial abilities. Demand from the green energy transition has sparked a rally on copper markets. The world’s top 10 biggest copper mines in terms of 2020 produc...