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

Copper

5.06 USD/oz 0.78 (18.22%) (Last updated - July 04, 2025 08:46 PM UTC )

Day High

3.58

Day Low

3.48

Previous Close

3.55

52 Week Range

3.13 - 5.04

Change YTD

10.96%

Risk Disclaimer

About

Performance USD/oz	Change
5 Day	22.22%
1 Month	22.22%
3 Months	10.96%
6 Months	10.96%
52 Week	10.96%

July 04, 2025 08:46 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	0.290	0.015	4.918	0.305	0.275	4,677,298	418.259 M
Basic Materials	A1M	A1M AIC Mines Limited	0.320	0.005	1.539	0.335	0.320	899,894	233.507 M
Basic Materials	AGR	AGR Aguia Resources Ltd	0.031	0	0.00	0.031	0.027	7,216,723	45.298 M
Basic Materials	AIS	AIS Aeris Resources Ltd	0.185	0	0.00	0.190	0.180	564,406	183.976 M
Basic Materials	AMI	AMI Aurelia Metals	0.185	0.01	5.128	0.195	0.185	6,336,786	321.588 M
Basic Materials	AML	AML Aeon Metals Ltd	--	--	0.00	--	--	--	5.482 M
Basic Materials	AOA	AOA Ausmon Resources Ltd	0.002	0.001	33.333	0.002	0.001	3,405,710	1.427 M
Basic Materials	AR1	AR1 Austral Resources Australia	0.160	0	0.00	0.160	0.160	--	79.361 M
Basic Materials	ARD	ARD Argent Minerals Ltd	0.022	0	0.00	0.022	0.021	3,092,798	31.815 M
Basic Materials	AS2	AS2 Askari Metals Ltd	0.006	0.001	14.286	0.007	0.006	2,682,951	2.829 M
Basic Materials	AUR	AUR Auris Minerals Ltd	0.005	0	0.00	0.005	0.005	--	2.383 M
Basic Materials	AZL	AZL Arizona Lithium Ltd	0.005	0.001	9.091	0.005	0.005	587,675	26.352 M
Basic Materials	BHP	BHP BHP Group Limited	38.730	0.54	1.375	38.990	38.450	7,222,920	198,421.938 M
Basic Materials	BMO	BMO Bastion Minerals Ltd	0.002	0	0.00	0.002	0.002	--	2.300 M
Basic Materials	BRX	BRX Belararox Ltd	0.065	0.002	3.175	0.065	0.064	163,369	10.206 M
Basic Materials	CHN	CHN Chalice Mining Limited	1.730	0.12	6.487	1.822	1.722	2,381,306	717.755 M
Basic Materials	CLA	CLA Celsius Resources Ltd	0.007	0	0.00	0.007	0.006	1,529,807	21.948 M
Basic Materials	COY	COY Coppermoly Ltd	0.010	0	0.00	0.010	0.010	32,916	8.827 M
Basic Materials	CST	CST Castile Resources Ltd	0.057	0.001	1.724	0.058	0.057	860,911	17.428 M
Basic Materials	CVV	CVV Caravel Minerals Ltd	0.155	0.005	3.125	0.160	0.155	418,571	87.726 M
Basic Materials	CWX	CWX Carawine Resources Limited	0.096	0	0.00	0.096	0.096	--	22.668 M
Basic Materials	CYM	CYM Cyprium Metals Ltd	0.031	0	0.00	0.032	0.031	3,166,903	63.976 M
Basic Materials	CZN	CZN Corazon Mining Ltd	0.002	0	0.00	0.002	0.002	997,505	2.369 M
Basic Materials	ENR	ENR Encounter Resources Ltd	0.255	0.005	2	0.260	0.250	71,493	127.192 M
Basic Materials	EVN	EVN Evolution Mining Ltd	7.810	0.07	0.888	7.940	7.740	4,519,763	15,588.528 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	0.185	0.180	153,599	61.066 M
Basic Materials	HCH	HCH Hot Chili Ltd	0.610	0.025	3.937	0.635	0.610	216,294	93.996 M
Basic Materials	HGO	HGO Hillgrove Resources Ltd	0.041	0.001	2.381	0.043	0.040	13,416,992	107.044 M
Basic Materials	HLX	HLX Helix Resources Ltd	0.001	0.001	50	0.001	0.001	58,000	3.364 M
Basic Materials	IGO	IGO IGO Ltd	4.260	0.06	1.389	4.340	4.240	1,445,263	3,256.252 M
Basic Materials	IPT	IPT Impact Minerals Ltd	0.008	0.001	14.286	0.008	0.007	2,708,335	31.643 M
Basic Materials	LEG	LEG Legend Mining Ltd	0.007	0	0.00	0.008	0.007	77,147	20.380 M
Basic Materials	LKY	LKY Locksley Resources Ltd	0.068	0.003	4.225	0.073	0.069	4,289,229	13.017 M
Basic Materials	MLX	MLX Metals X Ltd	0.545	0.015	2.679	0.570	0.540	2,054,953	491.948 M
Basic Materials	MRD	MRD Mount Ridley Mines Ltd	0.003	0.001	50	0.003	0.002	231,409	1.557 M
Basic Materials	NME	NME Nex Metals Explorations Ltd	0.019	0	0.00	0.019	0.019	--	6.348 M
Basic Materials	PNN	PNN Power Minerals Ltd	0.060	0.005	7.692	0.065	0.057	1,631,573	8.279 M
Basic Materials	PTR	PTR Petratherm Ltd	0.355	0.015	4.054	0.385	0.355	199,396	124.781 M
Basic Materials	QML	QML QMines Ltd	0.042	0	0.00	0.043	0.042	112,228	18.135 M
Basic Materials	RIO	RIO Rio Tinto Ltd	108.800	1.45	1.315	109.130	107.670	1,653,875	176,794.698 M
Basic Materials	RML	RML Resolution Minerals Ltd	0.052	0	0.00	0.055	0.051	8,409,103	35.539 M
Basic Materials	SFR	SFR Sandfire Resources NL	11.330	0.12	1.048	11.620	11.250	1,116,134	5,219.649 M
Basic Materials	SPQ	SPQ Superior Resources Ltd	0.004	0.001	11.111	0.004	0.004	15,905	9.484 M
Basic Materials	SYR	SYR Syrah Resources Ltd	0.270	0.005	1.887	0.280	0.265	1,806,474	286.616 M
Basic Materials	TG1	TG1 Techgen Metals Ltd	0.026	0.001	3.704	0.026	0.026	38,000	4.284 M
Basic Materials	TLM	TLM Talisman Mining Ltd	0.150	0.005	3.448	0.150	0.145	47,058	28.248 M
Basic Materials	WC8	WC8 Wildcat Resources Ltd	0.175	0.01	5.405	0.180	0.170	2,477,137	247.266 M
Basic Materials	XAM	XAM Xanadu Mines Ltd	0.079	0.001	1.25	0.080	0.079	135,514	181.006 M
Basic Materials	ZIM	ZIM Zimplats Holdings Ltd	15.450	0.8	4.923	16.000	15.000	26,955	1,657.625 M

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

Show all companies

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.