Global copper production to grow by 3.2% in 2024, supported by key expansions
The global copper market is poised for significant growth in 2024, with production expected to reach a new high of 22.9 million tonnes, a 3.2%
The global copper market is poised for significant growth in 2024, with production expected to reach a new high of 22.9 million tonnes, a 3.2%
Australia’s copper production is anticipated to decline in 2024 to 765.7 kilotonnes, down by 4.7% over 2023. This is primarily due to the closure of
Peru ranks as the world’s second-biggest copper producer, after Chile. Following three years of significant growth, Peru’s copper production to grow at a marginal 0.6%
Chile’s copper mine production is anticipated grow by 5% to reach 5.5 million tonnes (mt) in 2024, supported by the ramp-up of Teck Resources’ Quebrada
The potential to boost efficiency and optimise production is expected to drive a large share of miners to invest in predictive maintenance for mobile equipment
Peru ranks as the world’s second-largest copper producer, after Chile. Following three years of significant growth, Peru’s copper production is projected to remain flat in
Australia’s gold mine production is predicted to fall for the fourth consecutive year in 2024 to 10.3 million ounces (moz), a 2.6% decrease from 2023.
The combined capital expenditure (capex) of the top 19 mining companies is expected to reach $71.0bn in 2024, a rise of 10.6% compared with 2023.
At the end of Q1 2024, Anglo American’s copper production increased by 11%. credit: Parilov via Shutterstock. As part of its strategy to expand its
Saudi Arabia has seen significant development since the launch of the ‘Vision 2030’ program in 2016, with the business environment being transformed and new sectors