BHP launches $39 billion bid for Anglo American - Mining Engineering Online
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According to the United States Geological Survey (USGS), global copper reserves were 1 billion tons in 2023. Countries rich in copper resources mainly include Chile (190 million tons), Australia (100 million tons), Peru (120 million tons), and Russia (80 million tons), Mexico (53 million tons) and the United States (50 million tons), etc. In terms of output, global copper output from ore in 2023 was 22 million tons. The main copper-producing countries were Chile (5 million tons), Peru (2.6 million tons), China (1.7 million tons), and the United States (1.1 million tons).
Five copper plays amid supply-driven price surge
Shanghai copper prices jumped more than 3% on Thursday to their highest in nearly three years after Chinese producers agreed to curb output to cope with lower supply of raw material. The... -March 13, 2024 at 11:19 pm EDT - MarketScreener
From the Bridgewater Associates founder's LinkedIn blog