Refined copper market growth has experienced tremendous momentum since 2011, driven by consumer demands for various copper-containing products as well as its convenience factor. According to analysts at Market.us, analysts anticipate compound annual growth rates CAGR of 4.5% through 2032 in this market segment which features several key players on both the production- and consumption side; major copper-producing countries like China and the U.S. play an instrumental part in global supply of refined copper products.
In this blog, we identify some of the key and prominent vendors in the market.
Codelco , owned and operated by the Chilean government, operates mines as well as refineries within Chilean territory and accounts for an estimated 10% of global copper production. Products of Codelco include cathode molybdenum concentrates.
Codelco is one of the world’s premier producers of copper for global markets and serves diverse industries such as electronics, construction, and automobiles. Furthermore, Codelco employs over 60,000 people solely within Chile!
Rio Tinto, one of the world’s premier mining companies with operations across 35 nations and products like copper, iron ore, aluminum, and coal among their core offerings, boasts a significant market presence in copper markets around the globe. Established in Britain with a significant presence on this metal’s global supply chains and operations across 35+ nations.
Rio Tinto is one of the world’s largest copper producers, accounting for an estimated 8 % of global output. Operating copper operations across Australia, Chile, and Mongolia with supply to numerous industries spanning electronics manufacturing to construction to automotive sectors.
Glencore, Inc. is an international commodity trading and mining firm with a significant presence in the refined copper market, operating across 50+ countries with operations primarily located in Switzerland. Glencore offers copper, zinc, nickel, ferroalloys, and coal among their key offerings.
Glencore is one of the world’s premier producers of copper, accounting for an estimated 8 percent of worldwide production. Their copper operations span Chile, Peru, DRC, and Zambia with products sold to electronics, construction, and automotive customers globally.
BHP Group Limited
BHP Group Limited (ABHP) is one of the world’s premier mining conglomerates, operating across twenty countries with copper, iron ore, petroleum, and coal being its key products, and its head office is located in Australia.
BHP is one of the world’s premier manufacturers of copper products. Accounting for approximately 6% of total production worldwide, BHP operates mines across Australia, Chile, and Peru to produce copper for various sectors – manufacturing electronics products; construction firms; OEMs for automobiles as well as many more. BHP supplies copper products to all these sectors including electronics manufacturers as well as construction firms alike.
Grupo Mexico At its founding, this Mexican firm had operations throughout Mexico City and Peru before expanding to the US market; their primary products are copper, zinc, silver and gold.
Grupo Mexico ranks among the world’s premier producers of copper, accounting for approximately five percent of world production. Operating out of Mexico, Peru and the US with product distribution to electronics, construction and automotive sectors as well as more.
Antofagasta plc (AOFAGASTA PLC), was founded in 1973 and headquartered in London with operations throughout Chile and Argentina. Antofagasta plc’s core products include copper, gold, and molybdenum.
Antofagasta plc, one of the leading producers of copper worldwide, accounts for four percent of global production and is located both in Chile and Argentina. Their copper products serve industries including electronics manufacturing, construction, and automobile production.
Zijin Mining Group Co., Ltd.
Zijin Mining Group Co., Ltd is a Chinese multinational mining group with a significant presence in the refined copper market. Zijin Group of China operates globally from its Fujian Province base and specializes in copper, gold, zinc, and lithium products.
Zijin Mining Group is one of the world’s premier copper producers, accounting for roughly 6% of global output. Their operations span China, Serbia, Indonesia, and DRC with products distributed to various industries like electronics manufacturing, construction, and automobile production.
Freeport-McMoRan was established by Freeport McMoRan in Phoenix, Arizona in 2003 and today operates throughout North and South America as well as Indonesia and Africa as one of the premier producers of copper-based products for refinement in the marketplace. Their product offerings include copper molybdenum gold along with various silver products.
Freeport McMoRan stands as a premier copper manufacturer, accounting for 10% of world production. Operating out of multiple locations throughout North America (United States), Peru, and Indonesia as well as The Democratic Republic of Congo – their copper products can be seen being used across industries including construction, electronics manufacturing, and automobile production.
Norilsk Nickel, established in Russia’s Russian Far East region and located near Moscow, Finland, and Botswana has operations that focus on refined copper. Norilsk’s product lineup features nickel, copper, palladium platinum metals as well as other specialty alloys.
Norilsk Nickel is one of the world’s premier producers of nickel and palladium production and ranks second for copper output worldwide. Their operations can be found both in Russia and Finland with copper products supplied to a diverse set of industries that span electronics, construction, and automobile.
Jiangxi Copper Corporation
Jiangxi Copper Corporation, established in China’s Jiangxi Province and Peru respectively, boasts a significant market presence for refined copper. Copper, gold, silver and molybdenum are their key products.
Jiangxi Copper Corporation is one of the world’s top producers of copper, accounting for 10% of global production. Operating across China, Peru, and the Democratic Republic of Congo with offices supplying their copper products to electronics manufacturing, construction, and automotive sectors worldwide.
KGHM Polska Miedź
KGHM Polska Miedz is a Polish mining and metals company with a significant presence in the refined copper market, operating out of Lubin, Poland with a presence in Germany, Chile, and Canada. Their key products include copper, silver, and gold.
KGHM Polska Miedz is one of the world’s top producers of copper, accounting for around four percent of global production. Their operations span Poland, Chile, and Canada with products being supplied across multiple industries including electronics manufacturing, construction, and automotive applications.
Are you curious as to which other companies made our vendor list?