What is the world production of copper?

20 million metric tons
Over the past decade, the total global copper reserves have increased from 630 million metric tons in 2010 to 870 million metric tons as of 2020. Meanwhile, the total global copper production from mines amounted to an estimated 20 million metric tons in 2020.

How much copper Does the world produce in a year?

Copper demand Total world production is about 18 million metric tons per year.

What country consumes the most copper?

China is now the world’s largest consumer and producer of copper.

How much copper is left in the world?

It is also estimated that undiscovered resources contain about 3.5 billion metric tons of copper, which would mean that there are roughly 6.3 billion metric tons of copper on Earth.

Who is the largest copper producer in the world?

In 2018, Chile produced 5,831,600 metric tons of copper and has consistently produced over 5.5 million metric tons in the few years prior. A porphyry copper deposit in the Andes Mountains is the greatest known deposit of Copper. Chile has been the world’s leading producer of copper since the early 21st century.

Will copper ever be depleted on our earth?

The total supply of copper reaches a maximum 2030–2045, zinc 2030–2050 and lead 2025-2030. The copper supply per person and year and decline after 2130, and the copper stock-in-use reaches a maximum in 2050 and decline afterwards.

Will we run out of copper?

Are We Going to Run Out of Copper? It Is Highly Improbable! Since 1960, there has always been, on average, 38 years of reserves, and significantly greater amounts of known resources (USGS data). In addition, recycling, innovation and mining exploration continue to contribute to the long-term availability of copper.

Who owns the most copper in the world?

Chile is home to the world’s largest reserves of copper, estimated at around 200 million tonnes.

What is the production of copper in the world?

Copper – Statistics & Facts. Copper is a base metal like nickel, zinc, aluminum, lead, etc., and is indispensable for many industries. Total global copper production from mines amounted to an estimated 21 million metric tons in 2018. Major producing countries include Chile, Peru, and China.

How many people work in the US copper industry?

Some 12,000 people are employed in U.S. copper mines and mills. The U.S. depends on imports to meet domestic copper demand. Most U.S. copper imports come from Chile and Canada. Global copper consumption is steadily increasing, and currently stands at some 23.8 million metric tons.

What is the largest copper mining company in the world?

Chile produces more than one quarter of the world’s copper, and is also by far the country with the largest copper reserves . Accordingly, the largest copper mining company worldwide based on production is the Chilean state-owned company Codelco. This company reported copper production figures of 1.7 million metric tons in 2019.

Is Zambia the largest copper producer in the world?

Statistics and information on the worldwide supply of, demand for, and flow of the mineral commodity copper Zambia is the eighth largest copper producer in the world. USGS assessments estimated that the potential for undiscovered copper deposits in Zambia is larger than once thought.