Mexico – 0.73 Million Metric Tonnes
- Mexico ranked as the ninth largest copper producer globally in 2024.
- Mexico contributed 1,058,752,300 tons of copper in 2024.
- Buenavista del Cobre, Mexico’s largest mine located in Sonora and owned by Grupo México, S.A.B. de C.V., produced 327.3 kilotonnes of copper in 2024.
- Mexico possesses nearly 53 million metric tonnes of copper reserves.
- Despite challenges such as mine closures, operation delays, and lower ore grades, Mexico exported $3.42 billion worth of copper ores and concentrates in 2024.
- A 1.4% decline in copper production was recorded in July 2023 compared to the same period the previous year, with an estimated total decline reaching 4% by the end of the year.
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Top 10 Copper Producing Countries
According to the International Trade Administration, Chile is the world’s major copper-producing country accounts around 24% of global production. Peru holds the second position which is responsible for 10% of global copper production. According to the USGS, around 65% of the world’s identified copper is stored in five countries i.e. Chile, Australia, Peru, Mexico, and the United States.
In this article, we are going to discuss the Top 10 Copper Producing Countries in the world.
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