According to GlobalData, Australia is the world’s eighth-largest producer of copper in 2023, with output up by 2% on 2022. Over the five years to 2022, production from Australia decreased by a CAGR of 2.69% and is expected to rise by a CAGR of 1% between 2023 and 2027. GlobalData uses proprietary data and analytics to provide a complete picture of this market in its Australia Copper Mining to 2030 report. Buy the report here.
Australia accounts for 4% of global production, with the largest producers being Chile, Peru, the Democratic Republic of the Congo and China. Exports of copper from Australia increased by 25% in 2023 over 2022, with the highest share being exported to the Republic of Korea. Australia’s copper exports are expected to grow at a CAGR of 8.27% between 2023 and 2027.
Leading producers of copper in Australia are BHP, Glencore, Newcrest Mining, Newmont, CMOC Group and Sumitomo Metal Mining. During 2020-2021, BHP's output was up by 49%, Glencore's output decreased by 12%, while output from Newcrest Mining increased by 10%.
For more detailed analysis of copper in Australia, buy the report here.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.
GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
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.
