- Chile’s Codelco was the world’s largest copper mining company in Q1 2023 , followed by Freeport-McMoRan and BHP. The top 10 copper producers mined 2,209 ktonnes of copper in Q1 2023, down 3% compared to Q1 2022.
Freeport-McMoRan sits second with 297 thousand tonnes of copper produced in Q1 2023 , a decline of 19% compared to Q1 2022 primarily due to a significant weather event at Grasberg that temporarily disrupted operations during February 2023 . China’s Zijin Mining, which controls the largest volumes of copper and gold resources overseas among Chinese companies, ranked fifth in Q1 2023, with its mine-produced copper of 244 thousand tonnes reported for Q1.
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