Q3 2025 proved challenging for the global copper industry. Strong demand from electrification and infrastructure met sharp supply-side disruptions. Output from the top 20 miners hit ~3.46 million tonnes, down ~4% quarter-over-quarter, per SMM data.

The copper production numbers for the first quarter of 2025 are in. In this article, we take a closer look at the top producers, standout performances, and year-over-year trends shaping the global copper industry.