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Stay updated on global energy and commodity news, including trends in oil, natural gas, metals, and renewables, impacted by geopolitical and economic shifts.

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International Copper Study Group

Copper Is Essential For Modern LifeLatest PublicationsICSG Monthly Copper Bulletin - December 2024ICSG 2024 Copper Statistical Yearbook - December 2024ICSG Report on The Chinese Secondary Copper Smelter and Refining Industry - November 2024 ICSG Directory of Copper Mines, Smelters and Refineries - September 2024

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Global Copper Production Forecast 2022-2030

The copper production forecast is based on future projects and grows from about 26 million tonnes in 2022 to over 30 million tonnes in 2030. The difference between copper mine production and refined production is due to recycling which accounts for 18%, or 4.8 million tonnes, of refined copper. This strong growth is the direct result of ...

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BNamericas

Peru cuts 2024 copper production forecast to no more than 2.9Mt . Bnamericas Published: Friday, August 23, 2024 . Private Investment Copper Production.

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Copper production in Mexico and major projects

Mexico accounts for 3% of global production, with the largest producers being Chile, Peru, the Democratic Republic of the Congo and China. Exports of copper from Mexico remained flat by 0.05% in 2023 over 2022, with the highest share being exported to China. Mexico's copper exports are expected to grow at a CAGR of 2.44% between 2023 and 2027.

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Short-Term Forecasts for Copper

Refined copper production in 2024 is forecast to be 26.71 million tonnes, up 3.4% compared with 2023, and might be 27.27 million tonnes in 2025. The IWCC thanks the International Copper Study Group (ICSG) for its assistance in …

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Copper long-term forecast

Copper's versatile applications and robust demand shape a complex global market outlook for 2024, with stable prices in the US, a mild recovery in China, and weak conditions in Europe, while Q4 forecasts suggest …

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Short-Term Forecasts for Copper

The International Wrought Copper Council (IWCC) has completed its six-monthly review of the copper market and has finalised its forecasts for copper supply and demand. The supply side data indicates that in 2024, mine output is expected …

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Copper – Analysis

This report provides an outlook for demand and supply for key energy transition minerals including copper, lithium, nickel, cobalt, graphite and rare earth elements. Demand projections encompass both clean energy applications and …

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Chile Copper Mining Market by Reserves and Production, …

The 'Chile Copper Mining Market' research report comprehensively covers Chile's reserves of copper, historical and forecast trends in the country's copper production, and the key active, exploration, and development of copper mines and projects. The report also analyzes factors affecting the country's demand for copper and profiles the major copper producers.

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Selected Copper Statistics

World refined copper production and usage trends; Copper mine, smelter, refinery production, and refined copper usage by geographical area; Trends in world refined copper stocks and prices; Copper Forecast; For historical data and background information, please see the World Copper Factbook. For specific data requests, please contact the ICSG ...

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Copper long-term forecast

The Fastmarkets copper long-term forecast leverages our heritage in providing price data and market intelligence in the copper market. These insights are paired with economic modeling and data to provide market participants and investors with unmatched clarity on how the copper market will evolve in the next 10 years.

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Copper production in Zambia and major projects

Zambia accounts for 4% of global production, with the largest producers being Chile, Peru, the Democratic Republic of the Congo and China. Exports of copper from Zambia increased by 1% in 2023 over 2022, with the highest share being exported to China. Zambia's copper exports are expected to grow at a CAGR of 0.51% between 2023 and 2027.

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Copper demand forecasts and predictions of future scarcity

The actual primary production of copper (USGS, 2019) and the primary copper production that could be obtained from the demand forecasts made by the backcasting models of Elshkaki et al. and of Schipper et al. are shown for the study period in Fig. 2. The model of Elshkaki et al. underestimated primary production by 21.9%, and the Schipper et al ...

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ABOUT COPPER

By 2030, copper could support reduction of global carbon emissions by 16%.* *Source: International Copper Association. Difficult to replicate. Copper is an extremely versatile metal. Copper's physical attributes include superior electrical conductivity, corrosion resistance, structural capability, efficient heat transfer and aesthetics.

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Rio Tinto boosts 2025 copper production forecast …

Rio Tinto has raised its copper production forecast for 2025, expecting a 50% increase from its Oyu Tolgoi operation in Mongolia. The company now projects copper output between 780,000 and 850,000 tons for 2025, up from 660,000-720,000 tons in 2024. The shift towards copper comes as Rio Tinto aims for 3% annual growth starting in 2024.

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