Which countries produce the most copper?
Chile is the world's largest producer of copper. Image: REUTERS/Ivan Alvarado/File Photo
- Copper is one of our most important metals – humans have used it since prehistoric times.
- This metal is particularly crucial in the fight against climate change, as renewable energy technologies like solar panels and wind turbines rely on it.
- The world's largest producer of copper is Chile, contributing 27% of the global supply in 2021.
Visualizing the world's largest copper producers
Man has relied on copper since prehistoric times. It is a major industrial metal with many applications due to its high ductility, malleability, and electrical conductivity.
Many new technologies critical to fighting climate change, like solar panels and wind turbines, rely on the red metal.
But where does the copper we use come from? Using the U.S. Geological Survey’s data, the above infographic lists the world’s largest copper producing countries in 2021.
The countries producing the world’s copper
Many everyday products depend on minerals, including mobile phones, laptops, homes, and automobiles. Incredibly, every American requires 12 pounds of copper each year to maintain their standard of living.
North, South, and Central America dominate copper production, as these regions collectively host 15 of the 20 largest copper mines.
Chile is the top copper producer in the world, with 27% of global copper production. In addition, the country is home to the two largest mines in the world, Escondida and Collahuasi.
Chile is followed by another South American country, Peru, responsible for 10% of global production.
The Democratic Republic of Congo (DRC) and China share third place, with 8% of global production each. Along with being a top producer, China also consumes 54% of the world’s refined copper.
Copper’s role in the green economy
Technologies critical to the energy transition, such as EVs, batteries, solar panels, and wind turbines require much more copper than conventional fossil fuel based counterparts.
For example, copper usage in EVs is up to four times more than in conventional cars. According to the Copper Alliance, renewable energy systems can require up to 12x more copper compared to traditional energy systems.
With these technologies’ rapid and large-scale deployment, copper demand from the energy transition is expected to increase by nearly 600% by 2030.
As the transition to renewable energy and electrification speeds up, so will the pressure for more copper mines to come online.
Don't miss any update on this topic
Create a free account and access your personalized content collection with our latest publications and analyses.
License and Republishing
World Economic Forum articles may be republished in accordance with the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Public License, and in accordance with our Terms of Use.
The views expressed in this article are those of the author alone and not the World Economic Forum.
Stay up to date:
Mining and Metals
Forum Stories newsletter
Bringing you weekly curated insights and analysis on the global issues that matter.
More on Energy TransitionSee all
Roberto Bocca
December 20, 2024