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Companies targeting the world’s largest copper porphyry deposits are well positioned to capitalize on a large-scale transition toward cleaner, more forward-thinking technologies. Porphyry deposits are the world’s most important source of copper available today. In fact, copper porphyry deposits are responsible for 60 percent of global copper production, 20 percent of the world’s gold production and nearly all molybdenum production. Such deposits range in size from tens of millions to more than 1 billion metric tons of ore. In the time of a fast-growing electric vehicle (EV) industry, copper remains one of the most critical components of both the electrification and clean energy supply chains. Experts predict that copper porphyry deposits will play a significant role in the race to keep up with EV demand.

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