how much copper is produced each year
As a Premium user you get access to the detailed source references and background information about this statistic. With these changes came new designs. Statista. One of Australias largest copper operations is BHPs Olympic Dam copper-uranium-gold operation in South Australia, which maintains a strong stance as the fourth largest copper deposit in the world, although it may be better known for its uranium. Use Ask Statista Research Service. The USGS reportMineral Commodity Summaries 2021isavailablehere:https://www.usgs.gov/centers/nmic/mineral-commodity-summaries. An increasing share of copper is produced from acid leaching of oxidized ores. Read on to find out which nations made the grade and what is driving each country's copper output. Hardcopies will be available later in the year from the Government Printing Office, Superintendent of Documents. A report by Mining Technology projects that the nations copper production should grow at a CAGR of 2.2 percent between 2022 and 2026 to reach more than 6.43 million MT as new projects come online. The Southwest region of the U.S. is the countrys largest producer of copper. Aluminum is the second most abundant metallic element in the Earth's crust after silicon, yet it is a comparatively new industrial metal that has been produced in commercial quantities for just over 100 years. This is slightly less than in previous years. One of the biggest copper operations in Russia is the Udokan deposit in Siberia, which is currently owned by Udokan Copper (previously named Baikal Mining Company). Price of Copper 1959-2022 The international price of copper struck a first peak level on 6 March 2008, on the London Metal Exchange (LME), surging 5.8% over the previous trading day to US$ 4.02 per pound. Peruvian copper production was down year-on-year, slipping 100,000 MT from 2021's total of 2.3 million MT as political unrest in the country and protests at mines continued to affect operations. Indonesia's copper production increased dramatically from 734,000 MT in 2021 to reach a total of 920,000 MT in 2022. statistic alerts) please log in with your personal account. The, IntroductionEach mineral commodity chapter of the 2021 edition of the U.S. Geological Survey (USGS) Mineral Commodity Summaries (MCS) includes information on events, trends, and issues for each mineral commodity as well as discussions and tabular presentations on domestic industry structure, Government programs, tariffs, 5-year salient statistics, and world production and resources. Then you can access your favorite statistics via the star in the header. Mopani Copper Mines is another significant copper producer. Recycling just one million used cell phones can recover as much as 772lbs of silver, 35,000lbs of copper . In 2018, Chile produced 5,831,600 metric tons of copper and has consistently produced over 5.5 million metric tons in the few years prior. "Major countries in copper mine production worldwide in 2022 (in 1,000 metric tons)." It is one of Australias largest copper producers, and the two copper mines that operate out of Mount Isa collectively process 6.5 million MT of ore each year. Feb 7, 2023 The total worldwide copper mine production amounted to an estimated 22 million metric tons in 2022. Feb 16, 2023 Around 46 percent of all copper and copper alloys in the United States were used in the building construction sector during 2022, while electric and electronic products accounted. China is the worlds largest copper consumer and purchases as much copper from other countries as it produces itself. data than referenced in the text. In honor of the Mints 225th anniversary in 2017, pennies made in Philadelphia had a P mint mark for the first time. This interactive chart shows how much carbon dioxide (CO 2) is produced in a given year. Accessed May 02, 2023. https://www.statista.com/statistics/254849/copper-production-of-the-us/, US Geological Survey. The themes on the reverses represented the four major aspects of Lincolns life. It is estimated that in the last one hundred years, two-thirds of the 690 million tonnes of copper produced are still in productive use. The obverse (heads) shows the image of President Abraham Lincoln used on the penny since 1909. TheUSGS NationalMineralsInformation Centercollects, analyzes and disseminates current information on the supply of and the demand formineralsand materials in theU.S.and about 180 other countries. China, however, is expected to decrease its copper imports in 2020. The ideal entry-level account for individual users. This would fit into a cube measuring about 890 meters on a side. 2022: | Jan|Feb|Mar|Apr |May|Jun |Jul|Aug |Sep|Oct|Nov|Dec| Total copper mine production worldwide from 2010 to 2022 (in million metric tons) [Graph]. For ordering information, please call(202) 512-1800or(866) 512-1800orgo online. A paid subscription is required for full access. Accessed May 02, 2023. https://www.statista.com/statistics/254839/copper-production-by-country/, US Geological Survey. Then you can access your favorite statistics via the star in the header. An official website of the United States government. U.S. metalmineproduction in 2020was estimatedto be$27.7billion,3%higher thanthat in2019. Please create an employee account to be able to mark statistics as favorites. One major copper asset on the rise in the DRC is Ivanhoe Mines (TSX:IVN,OTCQX:IVPAF) Kamoa-Kakula project, a joint venture the company shares with partner Zijin Mining Group (OTC Pink:ZIJMY,SHA:601899). Statistics and information on the worldwide supply of, demand for, and flow of the mineral commodity copper. Leading U.S. mining companies based on revenue 2022, Active mines in the U.S. by commodity 2020, U.S. mining industry total employment 2000-2021, Iron ore mine production in the U.S. 2010-2022, To download this statistic in XLS format you need a Statista Account, To download this statistic in PNG format you need a Statista Account, To download this statistic in PDF format you need a Statista Account. In 1909, Abraham Lincoln became the first president featured on our coins in honor of his 100th birthday. Another14critical mineral commodities had a net import reliance greater than 50%of apparent consumption. Pure copper metal is generally produced from a multistage process, beginning with the mining and concentrating of low-grade ores containing copper sulfide minerals, and followed by smelting and electrolytic refining to produce a pure copper cathode. It wasn't until the late 1800s that we begin to see a growth in emissions from oil and gas production. Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022, Research lead covering energy, chemicals & resources, Profit from additional features with an Employee Account. Official websites use .gov Create a free account and access your personalized content collection with our latest publications and analyses. Mine production of copper in the United States from 2010 to 2022 (in 1,000 metric tons) [Graph]. The MCS is the, IntroductionEach mineral commodity chapter of the 2022 edition of the U.S. Geological Survey (USGS) Mineral Commodity Summaries (MCS) includes information on events, trends, and issues for each mineral commodity as well as discussions and tabular presentations on domestic industry structure, Government programs, tariffs, 5-year salient statistics, and world production, reserves, and resources. In 1857, the coin got smaller and the metal composition changed to 88% copper and 12% nickel. It is also estimated thatundiscoveredresources contain about 3.5 billion metric tons ofcopper, which would mean that there are roughly 6.3 billion metric tons ofcopperon Earth. In 2020,theUSGSand its partners publisheda new methodologythat evaluated the global supply of and U.S. demand for 52mineral commoditiesfrom2007 to 2016. Available: https://www.statista.com/statistics/254839/copper-production-by-country/, Total copper mine production worldwide from 2010 to 2022, Available to download in PNG, PDF, XLS format, Distribution of copper reserves worldwide by country 2020, Capacity of copper mines worldwide 2010-2021, Copper mine production worldwide 2010-2022, Global copper refinery production 2000-2021, Copper mine capacity utilization rate worldwide 2010-2021, Global copper mine production distribution 2021, by region, Production volume of copper globally 2020, by political stability of producers, Global leading copper mines based on output 2021, Global leading copper refineries 2022, by capacity, Global largest copper smelters 2022, by capacity, Copper ore export value worldwide by country 2021, Copper ore import value worldwide by leading country 2021, Distribution of copper production worldwide 2021, by producer, Annual change in copper production worldwide Q2 2021-Q2 2022, by company, Freeport-McMoRan's copper production 2010-2022, Glencore's production of copper 2015-2022, Global refined copper consumption distribution 2021, by region, Global distribution of copper consumption 2021, by end use, Global distribution of copper semis first-use 2021, by type, LME price for high-grade copper 2000-2022, Average prices for copper worldwide from 2014 to 2024, Monthly prices for copper worldwide 2014-2023, Rate of return on copper investments worldwide 2011-2022, Anglo American Sur: copper production 2007-2021, Copper production of Escondida in Chile 2010-2021, Copper production of Collahuasi in Chile 2010-2021, Copper export volume from Chile 2011-2021, Copper production in Chile in 2021, by region, Refined copper consumption volume in Mexico 20010-2021, Copper production volume in Colombia 2011-2021, Chile: largest copper producers 2021, by output volume, South African copper production volume 2011-2018, Global production of refined secondary copper 2005-2021, Production volume of copper products in China 2011-2021, Copper production value in France 2010-2019, Production volume of copper bars South Korea 2010-2021, Production volume of copper wire bars South Korea 2010-2021, Production volume of industrial minerals in African countries 2019, Consumption volume of refined copper in India 2010-2021, Total copper mine production worldwide from 2010 to 2022 (in million metric tons), Find your information in our database containing over 20,000 reports, leading copper mines in terms of reserve volume, worlds largest copper mine based on capacity. There is evidence that copper was used from early times, a piece of copper tubing used 5000 years ago was unearthed by archaeologists from the Pyramid of Cheops in Egypt. Major countries in copper mine production worldwide in 2022 (in 1,000 metric tons) [Graph]. Statista assumes no While the company was previously owned by a joint venture between Glencore and First Quantum, the Zambian government which previously held a 10 percent stake took complete of ownership it in 2021. [Online]. This statistic is not included in your account. The MCS is the, The economic growth of an industrialized nation such as the United States requires raw materials for construction (buildings, bridges, highways, and so forth), defense, and processing and manufacture of goods and services. Another century passed before emissions from flaring and cement production began. To use individual functions (e.g., mark statistics as favourites, set While copper is produced around the globe, production is largely localized to select regions, specifically Latin America; in 2020, Latin America accounted for 41% of global copper mine production. Chile has been the worlds leading producer of copper since the early 21st century. .chakra .wef-facbof{display:inline;}@media screen and (min-width:56.5rem){.chakra .wef-facbof{display:block;}}You can unsubscribe at any time using the link in our emails. The US also ranks among the top 10 exporters of copper into the global market, mainly in the form of ores and concentrates, but also as refined copper. Some mineral commodities can be recovered as byproducts during the production and processing of other. Please do not hesitate to contact me. Meanwhile, the total global copper production. This information is essential in planning for and mitigating impacts of potential disruptions tomineral commodity supply due to both natural hazardsand man-made events. Of the35mineralsdeemed criticalto the economy and national security in 2018, the new methodologyidentified 23mineral commodities, including cobalt, niobium,tungstenandcertainothers classified as rare earth elements,as posing the greatest supply risk for the U.S. manufacturing sector. Of this total, the value of industrialmineralsproduction was dominated by crushed stone and construction sand and gravel (construction aggregates)at$27billion. Statista. As a Premium user you get access to the detailed source references and background information about this statistic. In, US Geological Survey. The U.S. reliesentirelyon imports for17 mineral commodities, 14 ofwhichareidentifiedascritical minerals. The majority of its copper production takes place in the Copper Belt of the southern Katanga Province. The country's largest copper mine is the Grasberg block cave mine located in Papua and owned by Freeport-McMoRan (NYSE:FCX) subsidiary PT Freeport Indonesia. Business Solutions including all features. To meet copper demand from its construction and transport sectors, the country relies on copper imports. A paid subscription is required for full access. Available: https://www.statista.com/statistics/254849/copper-production-of-the-us/, Mine production of copper in the United States from 2010 to 2022, Immediate access to statistics, forecasts & reports, Value added by the mining industry U.S. 2000-2021, U.S. mining industry capacity utilization 2013-2022, U.S. production value of nonfuel minerals 2022, U.S. import reliance on critical minerals 2022, U.S. consumption of minerals per capita by type 2021, Number of mining suppliers in leading mining countries globally 2020, Copper mine production in the U.S. 2010-2022, U.S. mine production of platinum in kilograms 2010-2021, Active nonmetal mines in the U.S. 2010-2021, Portland and masonry cement production in the U.S. 2010-2022, Industrial sand and gravel production in the U.S. 2016-2021, Sodium carbonate production in the U.S. 2010-2022, Leading U.S. mining companies based on market capitalization 2022, Number of U.S. mining suppliers 2016-2020, U.S. mining industry employment excluding oil and gas 2000-2021, U.S. employment in support activities for mining 2000-2021, Employees in the U.S. mining industry by sector 2021, U.S. land reclaimed from mining by type 1975-2021, Anglo American Sur: copper production 2007-2021, Copper production of Collahuasi in Chile 2010-2021, Chile: largest copper producers 2021, by output volume, Copper production of Escondida in Chile 2010-2021, Copper export volume from Chile 2011-2021, Copper production in Chile in 2021, by region, Refined copper consumption volume in Mexico 20010-2021, Copper production volume in Colombia 2011-2021, Copper mine production share in Peru 2021, by company, Production volume of copper products in China 2011-2021, Global production of refined secondary copper 2005-2021, Copper production value in France 2010-2019, Copper ores production in Poland 1980-2021, Production volume of copper bars South Korea 2010-2021, Refined copper production volume China 2017, by type, Global reserves of titanium minerals 2022, by country, Mine production of copper in the United States from 2010 to 2022 (in 1,000 metric tons), Find your information in our database containing over 20,000 reports. Due to reduced industrial consumption as a result of COVID-19,net import reliancefor many commoditieswas lower thaninprevious years. You can only download this statistic as a Premium user. Official websites use .gov SIGN UP FOR EMAIL UPDATES AND TEXT MESSAGE ALERTS ABOUT PRODUCTS. This statistic was assembled using several editions of the report. Industrial and technology metals made up the other 6% of all mined metals in 2019. Since the beginning of the 20th century, the types and quantities of raw materials used have increased and changed significantly. Robust copper prices in 2023 show the metal is rebounding from the dive it took in the second half of 2022 on the back of weakened demand from China. Liberty stayed on the penny for more than 60 years. Copper Fact 7. Share sensitive information only on official, secure websites. 83% of that total is new scrap from fabricating operations and 17% is old scrap, according to the U.S. Geological Survey. Chile produces the highest amount of copper per year. Also worth noting is Queenslands Mount Isa complex, run by a subsidiary of Glencore. Accessed May 02, 2023. https://www.statista.com/statistics/264626/copper-production-by-country/, US Geological Survey. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. A high-efficiency 3-hp motor operating full time at $0.08 per kWh would repay its cost premium in less than 5 months, and from then on save money and electricity. The shield on the reverse (tails) represents Lincolns preservation of the United States as a single country. 12201 Sunrise Valley Drive One of the biggest copper mines in Mexico is Grupo Mexicos (BMV:GMEXICOB) Buenavista del Cobre operation in Sonora, which is by far the countrys largest copper-producing state. The estimated value of U.S. productionof industrialmineralsin 2020was $54.6billion, about4%lessthanthat of2019. Global copper production has seen steady growth over the past decade, rising from. For more information on this report and individualmineral commodities, please visit theUSGS NationalMineralsInformation Center. As soon as this statistic is updated, you will immediately be notified via e-mail. Althoughsomerecovery did occur in the later part of 2020,productionforthese commoditiesin 2020 was lower than that in 2019. January 31, 2023. Americans do love their denim, so much so that the average consumer buys four pairs of jeans a year. This change has affected global copper and copper scrap prices, the sources of copper supply, and U.S. trade of copper-containing materials. Most people know that metallic ores yield shiny, conductive, ductile elements such as copper, iron, or gold. Copper mining emits . to incorporate the statistic into your presentation at any time. The U.S. Mint first issued this design in 2010. By continuing to browse the site, you agree to our use of cookies. ", US Geological Survey, Mine production of copper in the United States from 2010 to 2022 (in 1,000 metric tons) Statista, https://www.statista.com/statistics/254849/copper-production-of-the-us/ (last visited May 02, 2023), Mine production of copper in the United States from 2010 to 2022 (in 1,000 metric tons) [Graph], US Geological Survey, January 31, 2023. Subscribeto receive an email notification when a new publication is added to this page. Most understand that energy-producing coals constitute a fuel mineral. An official website of the United States government. China's output decreased slightly last year, falling from 1.91 million MT in 2021. Nearly 70 percent of worldwide copper produced is used for electrical/conductivity applications and communications. To date, roughly 700 million metric tons ofcopperhave been produced around the world. The primary use of all this iron is to make steel. The report isacomprehensive source of 2020mineral production data for the world andincludesinformation on the domestic industry structure,governmentprograms, tariffs andfive-year salientstatistics on more than88mineral commoditiesthat are important to the U.S. economy and national security. A .gov website belongs to an official government organization in the United States. Your trusted source for investing success, Top 10 Copper Producers by Country (Updated 2023), Forward Water Technologies Announces Completion of Technology License with FUJIFILM Corporation, Copper Prices Could See "Astronomical Rise" as Supply Concerns Increase, What to Know About Copper Investing (FCX, FM.TO) , Copper Reserves: Top 5 Countries (Updated 2023), Top 10 Copper-producing Companies (Updated 2023), What Factors Affect Copper Supply and Demand? Chile took the first spot on the list once again. We would anticipate higher demand from China in 2023 in particular as the negative impact of strict zero-COVID policies starts to ease off, Karen Norton of Refinitiv told the Investing News Network at the end of last year. Zijin Mining Group is a leading metal producer in China, and it owns the Zijinshan copper-gold mine and the Shuguang gold-copper mine. [Online]. Taking fifth place in terms of copper production by country is the US, which saw its copper output tick up by 6 percent in 2022. Fitch analysts predict global copper mine production to increase by an average annual rate of 3.1% over 2020-2029, with total output rising from 20.3 to 26.8 million tonnes over the same period.. Coppers symbol is Cu and its atomic number is 29. You can unsubscribe at any time using the link in our emails. For locations outside the United States, USGS International Minerals Statistics and Information is the best starting point. How much silver has been found in the world? The penny was one of the first coins made by the U.S. Mint after its establishment in 1792. (Updated 2023), Top 5 Junior Copper Stocks on the TSXV in 2023. CriticalMineralsDomestic productionofrare-earthmineral concentrates(valuablemineralsthat have been largely separated from the wasteminerals)increasedby10,000metrictonsin 2020to38,000metrictons, making theU.S.the largest producer ofrare-earthmineral concentratesoutside of Chinafor the secondconsecutive year. That supply met 34% of the U.S. market's need for refined copper. In 2009, the Mint issued four different pennies throughout the year as part of the Lincoln . In 2020,imports made up more thanone-half of U.S consumption for 46nonfuelmineral commodities, and the U.S.reliedentirelyonimports for17of those. It also identifies events, trends and issues in the domestic and internationalmineralsindustriesthat impact production. An employee for a mining company works in a metal workshop. Copper can be found as a primary mineral in basaltic lavas and can also be reduced from copper compounds such as carbonates, chlorides, and sulfides. Where can I find information about mineral commodities? It recycled only 15% of the material. For more details, review our .chakra .wef-12jlgmc{-webkit-transition:all 0.15s ease-out;transition:all 0.15s ease-out;cursor:pointer;-webkit-text-decoration:none;text-decoration:none;outline:none;color:inherit;font-weight:700;}.chakra .wef-12jlgmc:hover,.chakra .wef-12jlgmc[data-hover]{-webkit-text-decoration:underline;text-decoration:underline;}.chakra .wef-12jlgmc:focus,.chakra .wef-12jlgmc[data-focus]{box-shadow:0 0 0 3px rgba(168,203,251,0.5);}privacy policy. This reaction explains why some older pennies turn green and why the Statue of Liberty is green rather than orange-red. US Geological Survey. Access to this and all other statistics on 80,000 topics from, Show sources information It features a union shield with 13 vertical stripes and our national motto in a horizontal bar above. In, US Geological Survey. Its beautiful colour also made copper attractive for use in jewellery and ornaments. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Copper mine production worldwide 2010-2022, Global copper refinery production 2000-2021, Leading copper producers worldwide by production output 2021, Global largest copper mines 2022, by capacity, Monthly prices for copper worldwide 2014-2023, Reserves of copper worldwide from 2010 to 2022 (in million metric tons), Global copper reserve ranking 2022, by country, Reserves of copper worldwide in 2022, by country (in million metric tons), Distribution of copper reserves worldwide by country 2020, Distribution of copper reserves worldwide in 2020, by select country, Capacity of copper mines worldwide 2010-2021, Mine capacity of copper worldwide from 2010 to 2021 (in 1,000 metric tons), Total copper mine production worldwide from 2010 to 2022 (in million metric tons), Refinery production of copper worldwide from 2000 to 2021 (in 1,000 metric tons), Copper mine capacity utilization rate worldwide 2010-2021, Utilization rate of the mine capacity of copper worldwide from 2010 to 2021, Global copper mine production distribution 2021, by region, Distribution of copper mine production worldwide in 2021, by region, Production volume of copper globally 2020, by political stability of producers, Production volume of copper worldwide in 2020, by political stability of producer countries (in million metric tons), Leading copper mines worldwide in 2022, based on capacity (1,000 metric tons), Global leading copper mines based on output 2021, Leading copper mines worldwide in 2021, based on production (in 1,000 metric tons), Global leading copper refineries 2022, by capacity, Leading copper refineries worldwide in 2022, based on capacity (in 1,000 metric tons), Global largest copper smelters 2022, by capacity, Leading copper smelters worldwide in 2022, based on capacity (in 1,000 metric tons), Copper production in leading countries 2022, Major countries in copper mine production worldwide in 2022 (in 1,000 metric tons), Chile's copper mine production from 2010 to 2022 (in 1,000 metric tons), Copper mine production in Peru from 2009 to 2021 (in million metric tons), Production volume of copper in Democratic Republic of the Congo from 2010 to 2022 (in 1,000 metric tons), Mine production of copper in China from 2010 to 2022 (in 1,000 metric tons), Copper ore export value worldwide by country 2021, Leading copper ore exporting countries worldwide in 2021 (in billion U.S. dollars), Copper ore import value worldwide by leading country 2021, Leading copper ore importing countries worldwide in 2021 (in billion U.S. dollars), Leading copper mining companies worldwide in 2021, by production output (in 1,000 metric tons), Distribution of copper production worldwide 2021, by producer, Distribution of copper production worldwide in 2021, by company, Annual change in copper production worldwide Q2 2021-Q2 2022, by company, Year-over-year change in copper production among leading copper producers worldwide from Q2 2021 to Q2 2022, Copper production of Codelco from 2010 to 2021 (in 1,000 metric tons), Freeport-McMoRan's copper production 2010-2022, Copper production of Freeport-McMoRan from 2010 to 2022 (in million recoverable pounds), Glencore's production of copper 2015-2022, Glencore's copper production from 2015 to 2022 (in 1,000 metric tons), Refined copper usage worldwide from 2010 to 2021 (in 1,000 metric tons), Copper demand worldwide in 2015 and 2020, by region (in 1,000 metric tons), Global refined copper consumption distribution 2021, by region, Distribution of refined copper consumption worldwide in 2021, by region, Global distribution of copper consumption 2021, by end use, Distribution of copper consumption worldwide in 2021, by end use, Global distribution of copper semis first-use 2021, by type, Distribution of copper semis first-use worldwide in 2021, by type, LME price for high-grade copper 2000-2022, LME price for high-grade copper from 2000 to 2022 (in U.S. cents per pound), Average prices for copper worldwide from 2014 to 2024, Average prices for copper worldwide from 2014 to 2024 (in nominal U.S. dollars per metric ton), Monthly prices for copper from January 2014 to March 2023 (in nominal U.S. dollars per metric ton), Rate of return on copper investments worldwide 2011-2022, Returns on copper investments from 2011 to 2022. Are you interested in testing our business solutions? TheUSGSdelivers unbiased science and information to understandmineral resource potential, production, consumption and howmineralsinteract with the environment. Copper is usually found in nature in association with sulfur. As a Premium user you get access to background information and details about the release of this statistic. This statistic was assembled from several editions of the report. Show sources information According to CRU Groups Robert Edwards, "(The DRC) now accounts for 11 percent of global mine output, and there are lots of projects in the pipeline in the country that are due to come onstream in 2024 and 2025.. Most recently, its state mining company, Gcamines opened the Deziwa copper and cobalt mine and processing plant. A few points to keep in mind when considering this data: These figures are based on 'production' or 'territorial' emissions (i.e. Thank you for signing up with United States Mint! Australia's copper production increased from 813,000 MT in 2021 to reach a total of 830,000 MT in 2022.
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