Key Facts
Copper rose on the latest settled session the tracked copper fund CPER closed at 39.53 $ (+2.90% d/d) on 2026-07-21, while copper itself was quoted higher in the wider market on the same day.
Southern Copper and Freeport led the miners Southern Copper closed at 188.01 $ (+7.39% d/d) and Freeport-McMoRan at 46.84 $ (+6.41% d/d) on 2026-07-21, showing that copper miners outperformed the metal itself.
Chile remained the number one producer USGS-linked sources and market reference pages place Chile first globally, with output around 5.3 million metric tons in 2024-2025.
Peru stayed among the biggest producers Peru was reported at 2.6 million metric tons in 2024 and 2.7 million metric tons in 2025, keeping it in the top tier of global copper mining.
