According to S&P Global, the average time for copper mines to go from discovery to production has extended significantly. Globally, it now t

Copper Mines by Capacity 2024 In 2024, the world’s largest copper mines by annual production capacity are spread across various continents, with Latin America leading the charge. At the top is Escondida in Chile, the largest copper mine globally, with a production capacity of 1.35 million metric tons per year. Owned by BHP and Rio Tinto, Escondida is crucial to both Chile's economy and the global copper supply. Grasberg , located in Papua Province, Indonesia, is the second-la