How valuable is it? : Barrick CEO questions worth of Teck Resource s key copper project as costs mount
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Canadian Explorer Aims to Establish & Expand Upon Maiden Resource on High-Grade Copper Project in Chile
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The Escondida mine is the world’s largest producer of copper. Credit: Rio Tinto
Copper, the highly conductive red metal vital to the manufacturing of products essential to the electrification of the world’s energy systems is also used in heating, cooling, electronics, power generation and transmission, automotive applications and has antimicrobial abilities.
Demand from the green energy transition has sparked a rally on copper markets. The world’s top 10 biggest copper mines in terms of 2020 production compiled by MINING.COM and sister company
MiningIntelligence will play a major part in setting prices for the next decade.
MiningIntelligence database.
Chile’s Escondida remains by far the top copper producer in the world, surpassing the one-million-tonne mark in each of the last two years. It is a conventional open-pit operation processing sulphide and oxide ores.