Escondida retains its top spot – for now.
to grow by at least a million tonnes a year, rising from the current 33 million tonnes annually to 50 million tonnes by 2050.Amplifying the alarm, some of the world’s biggest mines are experiencing production setbacks.
The shutdown of Grasberg could swing the, according to analysts at Goldman Sachs. Flooding at Kamoa-Kakula, another major producer, caused its operator Ivanhoe to revise down its guidance, while Teck ResourcesTracking global production, we rank the world’s top 20 copper mines for the first half of 2025, measured in kilotonnes .Escondida in Chile, a joint venture between BHP, Rio Tinto Mitsubishi, Nippon Mining, holds on to the top spot, producing 680,500 tonnes of copper metal in H125. While Escondida has long ranked the world’s biggest copper mine, the $53B proposed merger between Anglo American and TeckGrasberg in Indonesia, held jointly between Freeport-McMoRan and Indonesian state-owned enterprise Persero and operated by Freeport, produced 297,103 tonnes in H125. Production at Grasberg mine has been under suspension since Sept. 8Kamoa-Kakula in the Democratic Republic of Congo. Owned jointly by Ivanhoe Mines, Zijin Mining, Crystal River and the DRC government churned out 245,129 tonnes. Ivanhoe halted operations at Kamoa-Kakula for three weeks afterBuenavista in Mexico, owned and operated by Southern Copper takes fourth place with 207,473 tonnes produced. Copper has been mined at the site, just 22 miles south of the US border, continuously as far back as 1899.Cerro Verde in Peru joint venture between Freeport-McMohRan, Sumitomo and Buenaventura 193,320 tonnes H125. The Peruvian government first mined Cerro Verde’s oxide ores and built one of the world’s first SX/EW facilities in 1972.Chilean state run copper miner Codelco’s El Teniente, the world’s largest underground copper mine, churned out 172,000 tonnes, even though a multi-day shutdown at El TenienteQuellaveco in Peru, jointly owned by Anglo American and Mitsubishi churned out 156,600 tonnes of copper metal. This year, AngloAntamina in Peru, co owned by BHP, Glencore, Teck and Mitsubishi produced 154,369 tonnes in H125. Antamina’s operators areMorenci mine in Arizona, held by Freeport-McMohRan and Sumitomo produced 152,458 tonnes. The mine has a long history: it was established as an underground mine in 1871 by the Longfellow Mining Company and was converted into anLos Pelambres in Chile, a joint venture between Antofagasta, JX Metals Mitsubishi and Marubeni produced 143,200 tonnes. In September, the union for supervisorsSpence mine in Chile, sole owned by BHP, churned out 141,300 tonnes in H125. Last year, Spence became the company’ssigned a new three-year collective labor contractBHP’s Olympic Dam copper mine in South Australia produced 117,000 tonnes of metal in H125. Last week, the world’s top minerin the Olympic Dam copper, gold and uranium complex, advancing a series of growth projects ahead of a multibillion-dollar expansion decision expected in 2028.20. Quebrada Blanca Quebrada Blanca in Chile, owned by Teck, Sumitomo and Codelco, produced 95,000 tonnes in H125. Last month, Teck said it wasTrident-Sentinel ; Kansanshi ; Yulong ; Cuajone , Los Bronces , Sierra Gorda .The US, Peru, Chile and Panama hold some of the largest reserves now off the market due to environmental, social, and governance hurdles.Exports of 12 rare earths are now restricted after the Ministry of Commerce added five - holmium, erbium, thulium, europium and ytterbium - to the list.Anglo will hold direct talks with selected bidders alongside Botswana, which owns 15% of De Beers through its Debswana joint venture.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Top Fall 2025 / Winter 2026 Shoe Trends 2025 / 2026 » Fashion AllureLatest Fashion Trends, Shoes and Accessories, Celebrity Style
Read more »
3 Best 2025 Movies Now Streaming, Ranked by IMDb RatingStream these highly ranked, IMDb-approved 2025 movies, including a comic book filck, a vampire horror and a quirky comedy with Paul Rudd
Read more »
Toyota recalls nearly 400,000 cars over rearview camera issueThe recall covers 2022-2025 Toyota Tundras and Tundra hybrids and 2023-2025 Sequoia hybrids.
Read more »
The 50 Best Bars in the World in 2025, RankedThe World’s 50 Best Bars list was just announced, with Hong Kong's Bar Leone claiming first place and becoming the first Asian bar to top the ranking.
Read more »
TRT World Forum 2025 convenes top minds to address global issuesExperts and officials will gather at TRT World Forum to explore governance, climate, technology, and international developments.
Read more »
Final-day top sellers of Prime Big Deal Days 2025Prime Big Deal Days are almost here! Take advantage of the best discounts we’ve found that you can grab now before the big sale.
Read more »