Australia – 0.82 Million Metric Tonnes
- Australia, with the world’s second-largest copper reserves after Chile, produced 817,700 metric tonnes of copper in 2024.
- The Olympic Dam copper-uranium-gold deposit, owned by BHP Group Limited, is one of Australia’s largest copper deposits.
- In FY2024, the mine produced 138.4 kilotonnes of copper, down from 205 kilotonnes in FY2024.
- Other significant copper deposits in Australia include Prominent Hill in South Australia and Girilambone in New South Wales.
- Copper exports contribute about 10% to Australia’s revenue.
- In 2024, 50% of Australia’s copper exports were sent to China.
- Export growth is anticipated, with expectations of reaching 977 kilotonnes by 2023-2024.
Read More: List of States and Territories in Australia
Top 10 Copper Producing Countries
According to the International Trade Administration, Chile is the world’s major copper-producing country accounts around 24% of global production. Peru holds the second position which is responsible for 10% of global copper production. According to the USGS, around 65% of the world’s identified copper is stored in five countries i.e. Chile, Australia, Peru, Mexico, and the United States.
In this article, we are going to discuss the Top 10 Copper Producing Countries in the world.