Factbox: The world's top 10 copper mines as Glencore confirms early takeover talks with Rio Tinto
08/01/2026 21:09
Updates Jan 8 (Reuters) - Glencore GLEN.L said on Thursday it was in early talks to be acquired by Rio Tinto RIO.AX, RIO.L, a combination that would create the world’s largest mining company and have major implications for the global copper sector. Glencore had approached Rio Tinto in 2024 about combining the two big copper producers but the discussions were short-lived. Here are the top 10 copper mines in the world:
| Rank | Mine | Location | 2024 Output | Controlling Companies |
| 1 | Escondida | Chile | 1,125,300 tonnes | BHP Group BHP.AX, Rio Tinto RIO.AX, Mitsubishi8058.T, JX Advanced Metals 5016.T |
| 2 | Grasberg | Indonesia | 816,466 tonnes | PT Mineral Industri Indonesia, Freeport-McMoRan FCX.N |
| 3 | Collahuasi | Chile | 466,400 tonnes | Glencore GLEN.L , Anglo American AAL.L and Mitsui8031.T |
| 4 | Tenke Fungurume | Democratic Republic of the Congo | 450,000 tonnes | CMOC 603993.SS, Gecamines |
| 5 | Cerro Verde | Peru | 447,000 tonnes | Freeport-McMoRan FCX.N, Buenaventura BUENAVC1.LM , Sumitomo 5713.T |
| 6 | Kamoa-Kakula | Democratic Republic of the Congo | 437,061 tonnes | Ivanhoe Mines IVN.TO, Zijin Mining 601899.SS, Democratic Republic of the Congo, Crystal River Global |
| 7 | Buenavista | Mexico | 432,993 tonnes | Southern Copper SCCO.N |
| 8 | Antamina | Peru | 426,900 tonnes | Glencore GLEN.L, BHP Group BHP.AX , Teck Resources TECKb.TO, Mitsubishi 8058.T |
| 9 | Morenci | USA | 362,000 tonnes | Freeport-McMoRanFCX.N, Sumitomo 5713.T |
| 10 | El Teniente | Chile | 356,400 tonnes | Codelco |
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