Codelco, the world’s largest copper producer, reported a 6 percent drop in copper output in April 2025.
This reduction intensifies global supply concerns at a time of robust demand from the energy transition.
Breaking Down Regional Output Changes
Chuquicamata
Output at the world’s largest open-pit copper mine dropped 8% due to declining ore grades and processing-facility maintenance.
El Teniente
Production at the world’s biggest underground copper mine fell 5%, hampered by ore-quality issues and modernisation work.
Revised Production Guidance
Codelco cut its 2025 forecast to 1.60 Mt from 1.70 Mt of copper, reflecting geological challenges and major infrastructure investments.
LME Copper Rallying Amid Tight Supply
The benchmark three-month price surged to $9,200/t as constrained supply and strong renewable and EV demand fuelled a bullish market outlook.
Copper Investment Opportunities
For exposure to rising copper prices, consider:
Antofagasta
London-listed Chilean miner benefiting from the supply–demand balance in copper markets.
First Quantum Minerals
Canadian firm with growth-stage assets like Sentinel and Cobre Panama offering strong upside potential.
Glencore
Integrated miner and trader with diversified battery-metal exposure and a resilient risk-return profile.
Actionable Investment Tips
Long Miners vs Short Futures
Go long mining equities to capture price upside while hedging with short positions in copper futures.
Battery Metal ETFs
Use ETFs focused on battery and critical minerals for diversified exposure to secular energy-transition trends.
Why Early Alerts Matter
Timely notifications on supply disruptions and price moves help professionals act decisively in volatile commodities markets.
Ore More Copper – Stay Ahead
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