Top 10 largest copper mining companies in Q1 2023 - report

- 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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Global Market Scan: Copper outlook holds promise post 2023 - constructconnect.com - Daily Commercial NewsThe downward trend in the copper-to-gold price-per-ounce ratio points to a slowing global economy as well as a further decrease in demand and a lower price for copper in the short-term. Long-term projections from global miners and investment bankers, howe
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