how much copper is produced each year

Copper Fact 7. You only have access to basic statistics. Then you can access your favorite statistics via the star in the header. 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.. An increasing share of copper is produced from acid leaching of oxidized ores. Major countries in copper mine production worldwide in 2022 (in 1,000 metric tons) [Graph]. 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. Reverse (tails):First issued in 2010 and emblematic of Lincolns preservation of the United States as a single and united country. Canada's copper exports of copper and copper-based products was valued at $9.9 billion in 2021. Around 21 million tonnes of copper is mined worldwide each year. Chile, the world's leading copper producer by far, produced an estimated 5.2 million metric tons of copper in 2022. In 2009, the Mint issued four different pennies throughout the year as part of the Lincoln . (January 31, 2023). China, the worlds largest copper consumer, took fourth place for global copper production in 2022. Premium motors are not only more efficient (mostly because they are made with more copper), they also last much longer and generate less heat. According to reporting by Mining Magazine, a group of Chinese copper producers, including Zijin Mining, Jiangxi Copper (OTC Pink:JIAXF,HKEX:0358) and Tongling Nonferrous Metals Group (SZSE:000630), are calling on the Chinese government to increase activities all along the copper supply chain, from copper exploration to new copper mines and more overseas smelters. [Online]. Accessed May 02, 2023. https://www.statista.com/statistics/254839/copper-production-by-country/, US Geological Survey. to incorporate the statistic into your presentation at any time. Show sources information In 2021, Canadian mines produced 541,648 tonnes of copper in concentrate, with over half originating from British Columbia. COVID-19PandemicImpactCommodities used by the oil and gas sector, steel industry and transportation industry were greatlyaffectedin the second quarter of 2020. As a Premium user you get access to background information and details about the release of this statistic. . An increasing share of copper is produced from acid leaching of oxidized ores. This report coversabout 90nonfuelmineralsmonitored by theUSGS. * Estimated. In 2020,theUSGSand its partners publisheda new methodologythat evaluated the global supply of and U.S. demand for 52mineral commoditiesfrom2007 to 2016. Profit from the additional features of your individual account. Also worth noting is Queenslands Mount Isa complex, run by a subsidiary of Glencore. Mineral elements provide the color in fireworks. U.S. production of 12mineral commoditieswasvalued at more than $1 billioneachin 2020. 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. This text provides general information. In 1995, China accounted for 10 percent of world copper consumption. In 1943, pennies were made of zinc-coated steel because copper was needed during World War II. Are you interested in testing our business solutions? Use Ask Statista Research Service, Global copper reserve ranking 2022, by country, Leading copper producers worldwide by production output 2021, Global largest copper mines 2022, by capacity, Global refined copper consumption distribution 2021, by region, 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. Chile produces the highest amount of copper per year. Because of its properties, singularly or in combination, of high ductility, malleability, and thermal and electrical conductivity, and its resistance to corrosion, copper has become a major industrial metal, ranking third after iron and aluminum in terms of quantities consumed. (Updated 2023), Top 5 Junior Copper Stocks on the TSXV in 2023. This would fit into a cube measuring about 890 meters on a side. Business Solutions including all features. On the Questions tab of the subscriber preferences page, please select "Copper" and any other options in which you may be interested. Building wire in that time has grown 3.8%/year and has established itself as copper's Number 1 market by a widening margin. to incorporate the statistic into your presentation at any time. In 2009, the Mint issued four different pennies throughout the year as part of the Lincoln Bicentennial One Cent Program. ", US Geological Survey, Total copper mine production worldwide from 2010 to 2022 (in million metric tons) Statista, https://www.statista.com/statistics/254839/copper-production-by-country/ (last visited May 02, 2023), Total copper mine production worldwide from 2010 to 2022 (in million metric tons) [Graph], US Geological Survey, January 31, 2023. Liberty stayed on the penny for more than 60 years. Copper production fell last year in Zambia, which ranks ninth in terms of copper production by country; its 2022 output of 770,000 MT was down significantly from 2021s production of 842,000 MT. 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. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). 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. If you are an admin, please authenticate by logging in again. 12201 Sunrise Valley Drive (January 31, 2023). This statistic is not included in your account. Global production of copper for 2020 was 20.6 million tons. Please create an employee account to be able to mark statistics as favorites. It features a union shield with 13 vertical stripes and our national motto in a horizontal bar above. Hardcopies will be available later in the year from the Government Printing Office, Superintendent of Documents. Official websites use .gov Around 4000 BC, bronze (an even harder alloy) was discovered by mixing copper with a small . Chile produces the highest amount of copper per year. Statista assumes no Producing one tonne of aluminium from scratch results in an average of 17 tonnes of carbon emissions compared with the 0.6 tonnes emitted from secondary or recycled aluminium. In honor of the Mints 225th anniversary in 2017, pennies made in Philadelphia had a P mint mark for the first time. XLSX Format: In 1857, the coin got smaller and the metal composition changed to 88% copper and 12% nickel. Profit from the additional features of your individual account. A lock () or https:// means youve safely connected to the .gov website. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 70m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. Most of the countrys production comes from Arizona, New Mexico, Utah, Nevada, Montana, Michigan and Missouri; 17 of the 25 mines that processed copper accounted for 99 percent of the countrys mine production. 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. Global copper production has seen steady growth over the past decade, rising from. The ideal entry-level account for individual users. Please create an employee account to be able to mark statistics as favorites. data than referenced in the text. Statistics and information on the worldwide supply of, demand for, and flow of the mineral commodity copper. Electrical uses of copper, including power transmission and generation, building wiring, telecommunication, and electrical and electronic products, account for about three quarters of total copper use. Then you can access your favorite statistics via the star in the header. Thestates,rankedin descending order of production value, were: Nevada, Arizona, Texas, California,Minnesota,Florida, Alaska,Utah,Missouri, Michigan, WyomingandGeorgia. In China's Xintang province, a hub for denim, 300 million pairs are made annually. Feb 7, 2023 The total worldwide copper mine production amounted to an estimated 22 million metric tons in 2022. An employee for a mining company works in a metal workshop. But in recent decades this has changed significantly. Top producing states for Copper in the U.S. are Arizona, Utah, New Mexico, Nevada, and Montana. Copper is the third-most-consumed industrial metal in the world behind iron and aluminum. 2022: | Jan|Feb|Mar|Apr |May|Jun |Jul|Aug |Sep|Oct|Nov|Dec| The first-ever, geologically-based global assessment of undiscovered copper resources estimates that 3.5 billion metric tons of copper may exist IntroductionThe U.S. Geological Survey (USGS) launched the Earth Mapping Resources Initiative (Earth MRI) to modernize the surface and subsurface geologic mapping of the United States, with a focus on identifying areas that may have the potential to contain critical mineral resources. Use Ask Statista Research Service. Show publisher information Copper has been used since about 8000BCE. United States, 12201 Sunrise Valley Drive Reston, VA 20192, USGS NationalMineralsInformation Center, https://www.usgs.gov/centers/nmic/mineral-commodity-summaries. A porphyry copper deposit in the Andes Mountains is the greatest known deposit of Copper. A list of linkable tags for topics mentioned on this page. The USGS assessed undiscovered copper in two deposit types that account for about 80 percent of the world's copper supply. Not surprisingly, many of the world's top copper miners have significant operations in Chile, including state-owned Codelco, BHP (ASX:BHP,NYSE:BHP,LSE:BHP), Anglo American (LSE:AAL,OTCQX:AAUKF), Glencore (LSE:GLEN,OTC Pink:GLCNF) and Antofagasta (LSE:ANTO,OTC Pink:ANFGF). Business Solutions including all features. Chart. 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. This reaction explains why some older pennies turn green and why the Statue of Liberty is green rather than orange-red. How much E-Waste is Produced Each Year? Chart. As a Premium user you get access to background information and details about the release of this statistic. A 2009 analysis found that Western copper mines use 35.7 gigajoules of energy per ton of copper produced, with zinc and lead mines fairly more efficient, using only 6.6 to 6.8 gigajoules of energy . A paid subscription is required for full access. This change has affected global copper and copper scrap prices, the sources of copper supply, and U.S. trade of copper-containing materials. You only have access to basic statistics. 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. As the fifth-largest copper producer in the world, the United States produced 1,220,000 metric tons of copper in 2018. About 244,000 metric tons of gold has been discovered to date (187,000 metric tons historically produced plus current underground reserves of 57,000 metric tons). Share sensitive information only on official, secure websites. emissions from the burning of fossil fuels, or cement production within a country's borders). You need at least a Starter Account to use this feature. Are you interested in testing our business solutions? This statistic was assembled from several editions of the report. The previous record was set on 12 May 2006, at US$3.98/lb. The value of the raw materials contained in the e-waste produced in the U.S. during 2019 was $7.49 billion. Copper is usually found in nature in association with sulfur. A paid subscription is required for full access. Copper concentrate generally contains 20 to 30 per cent copper; for this example, 270 000 tonnes per day of mined material may produce 1 750 tonnes of copper. A .gov website belongs to an official government organization in the United States. In, US Geological Survey. For the study period, Using a geology-based assessment methodology, the U.S. Geological Survey estimated a mean of 3,500 million metric tons (Mt) of undiscovered copper among 225 tracts around the world. "Total copper mine production worldwide from 2010 to 2022 (in million metric tons)." Chile is the leading global producer of copper, accounting for 28% in 2021. Recycled MaterialsDomestically,$28billionofmetals andmineral products wererecycledincludingproductssuch ascopper, gold, iron and steel scrap, and platinum-group metals to supply domestic consumption. According to the latest US Geological Survey data, global copper production reached 22 million metric tons (MT) in 2022. Most of that gold has come from just three countries: China, Australia, and South Africa. As soon as this statistic is updated, you will immediately be notified via e-mail. Accessed May 02, 2023. https://www.statista.com/statistics/264626/copper-production-by-country/, US Geological Survey. |2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015| 2016| 2017 | 2018| 2019 tables-only release|, 12201 Sunrise Valley Drive Reston, VA 20192, U.S Production of Selected Mineral Commodities (Quarterly Mineral Industry Surveys), Copper Recycling in the United States in 2004, Cr, Cu, Mn, Mo, Ni, and Steel Commodity Price Influences, Estimate of Undiscovered Copper Resources of the World, 2013, Estimated Water Requirements for the Conventional Flotation of Copper Ores, Factors that Influence the Price of Al, Cd, Co, Cu, Fe, Ni, Pb, Rare Earth Elements, and Zn, Flows of Selected Materials Associated with World Copper Smelting, Historical Statistics for Mineral and Material Commodities in the United States, International Mineral Exploration Activities From 1995 Through 2004, Metal Prices in the United States through 2010, Natural Hazards and Mineral Commodity Supply: Quantifying Risk of Earthquake Disruption to South American Copper Supply, Physical Aspects of Waste Storage from a Hypothetical Open Pit Porphyry Copper Operation, Resource Nationalism in IndonesiaEffects of the 2014 Mineral Export Ban, Review of selected global mineral industries in 2011 and an outlook to 2017, Spatial Database for a Global Assessment of Undiscovered Copper Resources: Chapter Z in Global Mineral Resource Assessment, United States Copper Metal and Scrap Use and Trade Patterns, 1995-2014, U.S. The U.S. reliesentirelyon imports for17 mineral commodities, 14 ofwhichareidentifiedascritical minerals. National map of focus areas for potential critical mineral resources in the United States, Geology, Energy & Minerals Science Center, Use of raw materials in the United States from 1900 through 2014, A world of minerals in your mobile device, United States copper metal and scrap use and trade patterns, 19952014, Estimate of undiscovered copper resources of the world, 2013, Geology, Minerals, Energy, and Geophysics Science Center, From Projectile Points to Microprocessors - The Influence of Some Industrial Minerals, Historical statistics for mineral and material commodities in the United States, The life cycle of a mineral deposit: a teacher's guide for hands-on mineral education activities, Undiscovered deposits of gold, silver, copper, lead, and zinc in the conterminous United States. The estimated value of U.S. productionof industrialmineralsin 2020was $54.6billion, about4%lessthanthat of2019. As a Premium user you get access to the detailed source references and background information about this statistic. This would fit into a cube measuring about 430 meters on a side. Learn more about how Statista can support your business. In the second half of the 20th century we see a significant rise in emissions in the rest of the world, particularly across Asia, and most notably, China. Peru produced 2,436,951 metric tons of copper in 2018 and produced over 2.5 million metric tons in 2019. A .gov website belongs to an official government organization in the United States. Research lead covering energy, chemicals & resources. 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. As soon as this statistic is updated, you will immediately be notified via e-mail. Some of these common alloys are brasses, bronzes, and nickel silvers. Get full access to all features within our Business Solutions. This information is essential in planning for and mitigating impacts of potential disruptions tomineral commodity supply due to both natural hazardsand man-made events. Most recently, its state mining company, Gcamines opened the Deziwa copper and cobalt mine and processing plant. To use individual functions (e.g., mark statistics as favourites, set Copper is a chemical element that is soft, malleable, and ductile. By continuing to browse the site, you agree to our use of cookies. To use individual functions (e.g., mark statistics as favourites, set [Online]. Obverse (heads): Shows the familiar likeness of President Abraham Lincoln featured since 1909. Increased prices for precious metals, such as gold, which reached a record high price of $2,060 per troy ounce in August, contributed to the increased value of metal production. Currently, you are using a shared account. The company currently has mining rights until 2041; however, Freeport is engaging with the Indonesian government with regards to extending its mining rights beyond that year. The coin was larger and made of pure copper, while today's smaller coin is made of copper and zinc. To process copper commercial, the copper is first extracted from its ores through smelting and is then put through electrodeposition from sulfate solutions. What minerals produce the colors in fireworks? Copper production in Chile declined slightly between 2021 and 2022, landing at 5.2 million MT last year 24 percent of the total global copper output. Register in seconds and access exclusive features. 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. For locations outside the United States, USGS International Minerals Statistics and Information is the best starting point. 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. In, US Geological Survey. to incorporate the statistic into your presentation at any time.
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