According to GlobalData, Canada is the world’s twelfth-largest producer of copper in 2023, with output up by 1% on 2022. Over the five years to 2022, production from Canada decreased by a CAGR of 0.83% and is expected to rise by a CAGR of 3% between 2023 and 2027. GlobalData uses proprietary data and analytics to provide a complete picture of this market in its Global Copper Mining to 2030 report. Buy the report here.
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Canada accounts for 2% of global production, with the largest producers being Chile, Peru, the Democratic Republic of the Congo and China. Exports of copper from Canada increased by 0.51% in 2023 over 2022, with the highest share being exported to Japan. Canada’s copper exports are expected to grow at a CAGR of 425% between 2023 and 2027.
Leading producers of copper in Canada are Teck Resources, Vale, Glencore, Taseko Mines, Centerra Gold and Newcrest Mining. During 2020-2021, Teck Resources's output was down by 6%, Vale's output decreased by 15%, while output from Glencore decreased by 12%.
For more detailed analysis of global copper mining, buy the report here.
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GlobalData’s Commodity Analyzer tracks production, consumption, imports and exports of 17 key commodities across 60 countries, whilst its Mines & Projects Database tracks over 30,000 mines and projects with 200+ data fields for each, including production, operating costs, equipment and key mine-site contacts.
