According to GlobalData, Canada is the world’s twelfth-largest producer of copper in 2022, with output down by 3.79% on 2021. Over the five years to 2021, production from Canada decreased by a CAGR of 2.02% and is expected to rise by a CAGR of 3% between 2022 and 2026. GlobalData uses proprietary data and analytics to provide a complete picture of this market in its Global Copper Mining to 2026 report. Buy the report here.
Canada accounts for 2% of global production, with the largest producers being Chile, Peru, China and the Democratic Republic of the Congo. Exports of copper from Canada declined by 2.29% in 2022 over 2021, with the highest share being exported to China. Canada’s copper exports are expected to grow at a CAGR of 2% between 2022 and 2026.
Leading producers of copper in Canada are Teck Resources, Vale, Glencore, Taseko Mines, Centerra Gold and Newcrest Mining. During 2020-2021, Teck Resources's output was up by 4%, Vale's output decreased by 18%, while output from Glencore decreased by 5%.
For more detailed analysis of global copper mining, buy the report here.