Copper production is increasing in China and the Congo, while it is declining in Chile.
Advertisement - This article is distributed on behalf of GoldMining Inc. and Blue Moon Metals Inc., with whom SRC swiss resource capital AG has paid IR advisory agreements. Publisher: SRC swiss resource capital AG · Author: Ingrid Heinritzi · First published: May 29, 2026, 5:40 p.m. Zurich/Berlin
Currently, around 60 percent of copper comes from China and the Congo. In the first quarter, production there rose by about nine percent. In Chile, it fell by twelve percent. Consumption of the reddish metal increased by less than one percent. In any case, the prevailing view is that a supply shortage is looming, meaning a shift in both supply and demand.
In Chile, the state-run copper commission Cochilco has lowered its expectations. A production decline of 5.3 million tons of copper is expected for 2026. The reasons lie in declining ore grades and maintenance work. Chile accounts for about a quarter of global copper production. Chile’s Minister of Economy and Mining also warned of recurring shortages of the red metal in the coming years. Global copper demand is growing rapidly. Demand is projected to reach 28.2 million tons this year and 28.8 million tons by 2027.
The rapid proliferation of data centers and the energy transition—further driven by high oil prices and rising defense spending—are consuming ever-increasing amounts of the metal, while production growth is expected to slow. Leading technology companies are investing massive sums in computing capacity and the necessary electrical infrastructure. Digital applications and power grids cannot function without copper. In the long term, the outlook for copper is therefore positive, as various structural growth trends are at play.
GoldMining (- https://www.commodity-tv.com/ondemand/companies/profil/goldmining-inc/ -) holds large gold and copper projects in North and South America; the 100% company-owned Crucero project in Peru contains significant antimony mineralization in addition to gold. On a gold-equivalent basis, the indicated resources were expanded by approximately 75 percent (thanks to the presence of the critical metal antimony). This increases the value of the project. An updated preliminary economic assessment for the La Mina project in Colombia has been extremely positive.
Blue Moon Metals (- https://www.commodity-tv.com/ondemand/companies/profil/blue-moon-metals-inc/ -) owns five polymetallic brownfield projects, including the Nussir copper-gold-silver project and the NSG copper-zinc-gold-silver project in Norway. In the U.S., the company holds the Blue Moon zinc-gold-silver-copper project, the Springer tungsten-molybdenum project, and the Apex germanium-gallium-copper project. All projects are strategically located and have existing infrastructure. The investment decision to proceed with construction has been made for the Nussir project.
Current company information and press releases from GoldMining (- https://www.resource-capital.ch/de/unternehmen/goldmining-inc/ -) and Blue Moon Metals (- https://www.resource-capital.ch/de/unternehmen/blue-moon-metals-inc/ -).
You can also find further information in our new Battery Metals Report at the following link: https://www.resource-capital.ch/de/reports/ansicht/batteriemetall-report-2025-04/ and in our new Precious Metals Report at the following link:
https://www.resource-capital.ch/de/reports/ansicht/edelmetall-report-2025-04/.
Sources: Blue Moon, GoldMining
https://www.economies.com/commodities/copper-news/can-copper-prices-break-above-their-historic-highs%20-48929;
https://www.resource-capital.ch/de/reports/ansicht/batteriemetall-report-2025-04/;
https://www.resource-capital.ch/de/reports/ansicht/edelmetall-report-2025-04/.
Pursuant to Section 85 of the German Securities Trading Act (WpHG) in conjunction with Article 20 of the Market Abuse Regulation (MAR) (EU) 2016/958, we hereby note that authors, employees, and affiliated companies of Swiss Resource Capital AG (SRC) may hold positions (long/short) in the issuers discussed. Compensation/Relationship: IR contracts/advertorials: Author’s own positions: none; SRC net position: less than 0.5%; Issuer’s stake in SRC ≥ 5%: no. Update Policy: no obligation to update. No guarantee regarding the German translation. Only the English version of this news release is authoritative.
Disclaimer: The information provided does not constitute a recommendation or advice of any kind. Please be aware of the risks associated with securities trading. No liability can be accepted for any damages arising from the use of this blog. We would like to point out that investments in stocks, and particularly in warrants, are inherently risky. The total loss of the capital invested cannot be ruled out. All information and sources are carefully researched. However, no guarantee is given as to the accuracy of any content. Despite the utmost care, I expressly reserve the right to errors, particularly with regard to figures and prices. The information contained herein is derived from sources deemed reliable but in no way claims to be accurate or complete. Based on court rulings, I am jointly liable for the content of linked external sites (e.g., Hamburg Regional Court, in its ruling of May 12, 1998 – 312 O 85/98) unless I expressly distance myself from them. Despite careful monitoring of the content, I assume no liability for the content of linked external sites. The respective operators are solely responsible for their content. The disclaimer of Swiss Resource Capital AG, available at: https://www.resource-capital.ch/de/disclaimer-agb/, applies additionally.
Advertisement - This article is distributed on behalf of GoldMining Inc. and Blue Moon Metals Inc., with whom SRC swiss resource capital AG has paid IR advisory agreements. Publisher: SRC swiss resource capital AG · Author: Ingrid Heinritzi · First published: May 29, 2026, 5:40 p.m. Zurich/Berlin
Currently, around 60 percent of copper comes from China and the Congo. In the first quarter, production there rose by about nine percent. In Chile, it fell by twelve percent. Consumption of the reddish metal increased by less than one percent. In any case, the prevailing view is that a supply shortage is looming, meaning a shift in both supply and demand.
In Chile, the state-run copper commission Cochilco has lowered its expectations. A production decline of 5.3 million tons of copper is expected for 2026. The reasons lie in declining ore grades and maintenance work. Chile accounts for about a quarter of global copper production. Chile’s Minister of Economy and Mining also warned of recurring shortages of the red metal in the coming years. Global copper demand is growing rapidly. Demand is projected to reach 28.2 million tons this year and 28.8 million tons by 2027.
The rapid proliferation of data centers and the energy transition—further driven by high oil prices and rising defense spending—are consuming ever-increasing amounts of the metal, while production growth is expected to slow. Leading technology companies are investing massive sums in computing capacity and the necessary electrical infrastructure. Digital applications and power grids cannot function without copper. In the long term, the outlook for copper is therefore positive, as various structural growth trends are at play.
GoldMining (- https://www.commodity-tv.com/ondemand/companies/profil/goldmining-inc/ -) holds large gold and copper projects in North and South America; the 100% company-owned Crucero project in Peru contains significant antimony mineralization in addition to gold. On a gold-equivalent basis, the indicated resources were expanded by approximately 75 percent (thanks to the presence of the critical metal antimony). This increases the value of the project. An updated preliminary economic assessment for the La Mina project in Colombia has been extremely positive.
Blue Moon Metals (- https://www.commodity-tv.com/ondemand/companies/profil/blue-moon-metals-inc/ -) owns five polymetallic brownfield projects, including the Nussir copper-gold-silver project and the NSG copper-zinc-gold-silver project in Norway. In the U.S., the company holds the Blue Moon zinc-gold-silver-copper project, the Springer tungsten-molybdenum project, and the Apex germanium-gallium-copper project. All projects are strategically located and have existing infrastructure. The investment decision to proceed with construction has been made for the Nussir project.
Current company information and press releases from GoldMining (- https://www.resource-capital.ch/de/unternehmen/goldmining-inc/ -) and Blue Moon Metals (- https://www.resource-capital.ch/de/unternehmen/blue-moon-metals-inc/ -).
You can also find further information in our new Battery Metals Report at the following link: https://www.resource-capital.ch/de/reports/ansicht/batteriemetall-report-2025-04/ and in our new Precious Metals Report at the following link:
https://www.resource-capital.ch/de/reports/ansicht/edelmetall-report-2025-04/.
Sources: Blue Moon, GoldMining
https://www.economies.com/commodities/copper-news/can-copper-prices-break-above-their-historic-highs%20-48929;
https://www.resource-capital.ch/de/reports/ansicht/batteriemetall-report-2025-04/;
https://www.resource-capital.ch/de/reports/ansicht/edelmetall-report-2025-04/.
Pursuant to Section 85 of the German Securities Trading Act (WpHG) in conjunction with Article 20 of the Market Abuse Regulation (MAR) (EU) 2016/958, we hereby note that authors, employees, and affiliated companies of Swiss Resource Capital AG (SRC) may hold positions (long/short) in the issuers discussed. Compensation/Relationship: IR contracts/advertorials: Author’s own positions: none; SRC net position: less than 0.5%; Issuer’s stake in SRC ≥ 5%: no. Update Policy: no obligation to update. No guarantee regarding the German translation. Only the English version of this news release is authoritative.
Disclaimer: The information provided does not constitute a recommendation or advice of any kind. Please be aware of the risks associated with securities trading. No liability can be accepted for any damages arising from the use of this blog. We would like to point out that investments in stocks, and particularly in warrants, are inherently risky. The total loss of the capital invested cannot be ruled out. All information and sources are carefully researched. However, no guarantee is given as to the accuracy of any content. Despite the utmost care, I expressly reserve the right to errors, particularly with regard to figures and prices. The information contained herein is derived from sources deemed reliable but in no way claims to be accurate or complete. Based on court rulings, I am jointly liable for the content of linked external sites (e.g., Hamburg Regional Court, in its ruling of May 12, 1998 – 312 O 85/98) unless I expressly distance myself from them. Despite careful monitoring of the content, I assume no liability for the content of linked external sites. The respective operators are solely responsible for their content. The disclaimer of Swiss Resource Capital AG, available at: https://www.resource-capital.ch/de/disclaimer-agb/, applies additionally.
