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Copper

4.81 USD/oz 0.53 (12.38%) (Last updated - June 13, 2025 08:58 PM UTC )

Day High

3.58

Day Low

3.48

Previous Close

3.55

52 Week Range

3.13 - 5.04

Change YTD

7.37%

Risk Disclaimer

About

Performance USD/oz	Change
5 Day	16.18%
1 Month	16.18%
3 Months	8.09%
6 Months	7.37%
52 Week	7.37%

June 13, 2025 08:58 PM UTC

Data Powered by Stockdio. Data delayed by 5 minutes unless otherwise indicated.

Copper is a corrosion-resistant and highly conductive metal that finds numerous industrial applications. Copper or ‘red metal’ can be combined easily with other metals to form alloys. An average home could contain up to 180kg of copper. One of the most important aspects of copper is that it can be recycled easily, and 80% of copper ever mined/produced is still in use.

The electric vehicle (EV) boom has bolstered the demand for copper significantly. A typical EV uses five times more copper than an equivalent conventional car. The transport sector as a whole consumes nearly 12% of all copper. The biggest chunk of the metal goes into the manufacturing of equipment, closely followed by the building construction industry.

History of copper

Almost all ancient civilizations have shown evidence of using copper, mostly in the form of coins. The early civilizations soon discovered the alloy properties of copper, which led to the Bronze Age between 3,000- 2,500 BC. Bronze is an alloy of copper and tin.

As the world is shifting towards renewable energy sources like solar and wind, the demand for copper is slated to increase further. Any constraint on the supply side puts pressure on the prices of red metal.

The price of copper is influenced majorly by the demand-and-supply balance. Also, the price trend of copper represents the health of the global economy. If prices are on a surge and sustain at higher levels, then it could be assumed that the global economy is in better shape and growing. This is due to the widespread use of copper in all sectors of the economy.

However, here are the few major factors that drive red metal’s price:

Global economic condition.
Demand and supply.
Condition of the Chinese economy (50% demand)

	Code	Company	Price	Chg	%Chg	High	Low	Volume	Market Cap
Basic Materials	29M	29M 29Metals Ltd	0.215	0.015	6.522	0.230	0.205	6,566,190	315.408 M
Basic Materials	A1M	A1M AIC Mines Limited	0.330	0.005	1.493	0.345	0.330	2,383,368	192.854 M
Basic Materials	AGR	AGR Aguia Resources Ltd	0.039	0.002	4.878	0.040	0.039	1,227,370	58.450 M
Basic Materials	AIS	AIS Aeris Resources Ltd	0.165	0.005	2.941	0.170	0.160	1,806,660	164.610 M
Basic Materials	AMI	AMI Aurelia Metals	0.310	0	0.00	0.325	0.310	6,297,849	524.697 M
Basic Materials	AML	AML Aeon Metals Ltd	--	--	0.00	--	--	--	5.482 M
Basic Materials	AOA	AOA Ausmon Resources Ltd	0.002	0	0.00	0.002	0.002	2,454	2.853 M
Basic Materials	AR1	AR1 Austral Resources Australia	0.160	0	0.00	0.160	0.160	--	84.347 M
Basic Materials	ARD	ARD Argent Minerals Ltd	0.024	0.002	7.692	0.026	0.025	3,934,498	37.587 M
Basic Materials	AS2	AS2 Askari Metals Ltd	0.006	0	0.00	0.006	0.006	651,750	2.425 M
Basic Materials	AUR	AUR Auris Minerals Ltd	0.005	0.001	16.667	0.006	0.005	1,729,447	2.383 M
Basic Materials	AZL	AZL Arizona Lithium Ltd	0.005	0.001	16.667	0.006	0.005	1,656,450	31.622 M
Basic Materials	BHP	BHP BHP Group Limited	37.340	1	2.608	38.130	37.280	12,626,428	196,544.283 M
Basic Materials	BMO	BMO Bastion Minerals Ltd	0.002	0.001	33.333	0.002	0.002	9,470,723	2.711 M
Basic Materials	BRX	BRX Belararox Ltd	0.055	0.005	8.333	0.060	0.055	1,181,099	9.467 M
Basic Materials	CHN	CHN Chalice Mining Limited	1.615	0.15	10.239	1.620	1.492	9,724,076	577.705 M
Basic Materials	CLA	CLA Celsius Resources Ltd	0.007	0	0.00	0.007	0.007	700,000	21.948 M
Basic Materials	COY	COY Coppermoly Ltd	0.012	0.001	9.091	0.012	0.012	3,499	9.709 M
Basic Materials	CST	CST Castile Resources Ltd	0.058	0.001	1.695	0.059	0.058	36,923	18.039 M
Basic Materials	CVV	CVV Caravel Minerals Ltd	0.170	0.005	2.857	0.175	0.165	208,928	94.990 M
Basic Materials	CWX	CWX Carawine Resources Limited	0.093	0.001	1.064	0.094	0.091	99,135	21.960 M
Basic Materials	CYM	CYM Cyprium Metals Ltd	0.029	0	0.00	0.029	0.027	3,606,050	57.784 M
Basic Materials	CZN	CZN Corazon Mining Ltd	0.002	0	0.00	0.002	0.002	2,142,500	2.369 M
Basic Materials	ENR	ENR Encounter Resources Ltd	0.230	0	0.00	0.230	0.220	462,640	112.228 M
Basic Materials	EVN	EVN Evolution Mining Ltd	9.200	0.48	5.505	9.300	8.880	16,763,088	17,580.896 M
Basic Materials	GCR	GCR Golden Cross Resources Ltd	0.002	0	0.00	0.002	0.002	--	2.195 M
Basic Materials	HAV	HAV Havilah Resources Ltd	0.180	0.005	2.703	0.190	0.180	79,175	63.441 M
Basic Materials	HCH	HCH Hot Chili Ltd	0.540	0.02	3.571	0.555	0.535	256,689	83.378 M
Basic Materials	HGO	HGO Hillgrove Resources Ltd	0.041	0	0.00	0.041	0.039	2,309,656	107.044 M
Basic Materials	HLX	HLX Helix Resources Ltd	0.002	0.001	33.333	0.002	0.001	812,249	3.364 M
Basic Materials	IGO	IGO IGO Ltd	4.220	0.01	0.236	4.250	4.090	1,567,847	3,233.534 M
Basic Materials	IPT	IPT Impact Minerals Ltd	0.006	0	0.00	0.006	0.005	1,400,036	23.732 M
Basic Materials	LEG	LEG Legend Mining Ltd	0.007	0.001	6.667	0.008	0.007	1,345,918	20.380 M
Basic Materials	LKY	LKY Locksley Resources Ltd	0.073	0.01	12.048	0.090	0.072	25,151,280	15.217 M
Basic Materials	MLX	MLX Metals X Ltd	0.550	0.005	0.901	0.565	0.550	2,985,763	489.288 M
Basic Materials	MRD	MRD Mount Ridley Mines Ltd	0.002	0	0.00	0.002	0.002	1,000,000	1.557 M
Basic Materials	NME	NME Nex Metals Explorations Ltd	0.026	0.001	4	0.026	0.025	104,203	8.353 M
Basic Materials	PNN	PNN Power Minerals Ltd	0.060	0.003	5.263	0.060	0.059	274,260	7.642 M
Basic Materials	PTR	PTR Petratherm Ltd	0.300	0.005	1.695	0.300	0.290	365,344	103.685 M
Basic Materials	QML	QML QMines Ltd	0.035	0.005	12.5	0.038	0.034	1,144,213	17.271 M
Basic Materials	RIO	RIO Rio Tinto Ltd	106.380	1.2	1.115	108.400	106.150	2,619,278	175,762.653 M
Basic Materials	RML	RML Resolution Minerals Ltd	0.035	0.001	2.941	0.042	0.032	69,049,306	15.774 M
Basic Materials	SFR	SFR Sandfire Resources NL	11.320	0.1	0.876	11.475	11.220	1,074,674	5,270.147 M
Basic Materials	SPQ	SPQ Superior Resources Ltd	0.004	0	0.00	0.004	0.004	321,159	9.484 M
Basic Materials	SYR	SYR Syrah Resources Ltd	0.270	0.015	5.263	0.285	0.260	4,351,325	297.038 M
Basic Materials	TG1	TG1 Techgen Metals Ltd	0.030	0.005	20	0.030	0.026	478,912	3.967 M
Basic Materials	TLM	TLM Talisman Mining Ltd	0.130	0	0.00	0.135	0.130	25,849	26.365 M
Basic Materials	WC8	WC8 Wildcat Resources Ltd	0.140	0.005	3.448	0.145	0.130	3,390,878	184.206 M
Basic Materials	XAM	XAM Xanadu Mines Ltd	0.079	0.001	1.282	0.080	0.079	1,815,947	181.006 M
Basic Materials	ZIM	ZIM Zimplats Holdings Ltd	16.000	0.52	3.148	16.700	15.950	40,668	1,777.103 M

* Data powered by EODHD®. Data delayed 20 minutes unless otherwise indicated.

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Frequently Asked Questions

1. Who is the largest producer of copper in the world?

South America dominates the global mining industry. Chile is the world’s largest producer of copper followed by Peru. China is the world’s largest consumer of copper, nearly 50% of globally produced copper finds its use in Chinese factories. China is also the third-largest producer of red metal.

The Corporacion Nacional del Cobre de Chile or Codelco is the world’s largest copper producing company. Codelco produced 1.73 million tonnes of copper in 2020. Australian mining giant BHP Group with 1.72 million tonnes of copper produced in 2020 ranks second in the world.

2. Is copper a good investment?

Copper demand is expected to remain moderate with the world moving towards battery technology. The price trend seems to support the current rise in demand, but commodity prices are highly cyclical in nature.

Investors should pick copper miners who have good exposure to produce assets and also have reserves/resources for future feedstock, operating at a low cost. As the world is fighting climate change and environmental concerns are being given top priority, investors should look at the ESG record of the company before investing in any mining company.

Investing in mature copper miners will also provide dividends with decent dividend yields.

3. How to invest in copper in Australia?

To leverage the bullish copper market, there are two ways through which investors can get exposure to the copper market. The first one is to buy a stock in a copper mining company and the second is through Exchange Traded Funds or ETFs which deals specifically in copper.

Investors can pick major or miner copper players depending on their risk appetite and funds available with them. Some of the major copper miners listed on the ASX are BHP Group (ASX:BHP), Newcrest Mining Limited (ASX: NCM), OZ Minerals Limited (ASX:OZL).

There are no pure-play copper ETF on the ASX. There are a few listed in the United States:

Global X Copper Miners (COPX)
United States Copper Index Fund (CPER)
iPath Series B Bloomberg Copper Subindex Total Return ETN (JJC)

4. What are the most prominent copper mining areas in Australia?

Australia is among the top producers of red metal. The copper-producing centres are concentrated in South Australia and Queensland. The Olympic Dam copper-uranium-gold deposit is the largest copper mine located in South Australia. Mt Isa copper-lead-zinc deposit is another large deposit in the country.

Most of the copper is mined from underground mines in Australia. Copper ore is mined using the traditional method, which involves breaking the ore and bringing it to the surface for crushing. Then the ore is ground finely before being sent for treatment through the flotation process.

Some of the major copper deposits in Australia include Emmie Bluff, Cadia Valley, Mount Elliott, Northparkes, and Mount Gordon.