King copper is becoming king again as EVs, Robots, energy storage and other high tech projects make copper a "must have" resource!

 

Here are the top publicly traded copper-producing companies worldwide 

based on their copper production in 2023

1. Freeport-McMoRan (NYSE: FCX): Freeport-McMoRan is the most productive copper mining company globally, recording 2,058,910.28 metric tons (MT) of copper output in 2023. Notably, it operates the Grasberg mine in Indonesia, the second-largest copper mine globally and one of the world’s largest gold mines.

2. BHP (ASX: BHP, NYSE: BHP, LSE: BHP): BHP produced 1,389,022 MT of copper in 2023. The majority of its copper comes from mines in Chile (Escondida and Spence), Peru, and Australia. Escondida is the world’s largest copper mine and a significant contributor to Chile’s economy.

3. Codelco: Although not publicly traded, Codelco is a state-owned Chilean company and the world’s largest copper producer. It operates several major mines, including Chuquicamata, El Teniente, and Radomiro Tomic.

4. Anglo American (LSE: AAL, OTCQX: AAUKF): Anglo American is another significant copper producer with operations in Chile and other countries. Its Los Bronces mine in Chile contributes to its copper production.

5. Glencore (LSE: GLEN, OTC Pink: GLCNF): Glencore is a diversified mining company with copper assets worldwide. While it produces other commodities, its copper operations play a crucial role in its portfolio.

Copper demand is rising due to electric vehicles, renewable energy systems, and electrification, making these companies essential players in the global copper market

In light of the burgeoning growth projections for Robotics, EVs and Energy Storage among other industries, Copper stocks look very promising, and two of them are poised to benefit significantly!

How to invest in Robots and Robotics going forward, through the back door method!

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