
Key points
Per-pound copper mining cost by major producer, 2019–2025 (US$/lb) | 2025 vs 2019: First Quantum +54%, Codelco +47%, Southern Copper −34%
Image source: @jackprandelli

Per-pound copper mining cost by major producer, 2019–2025 (US$/lb) | 2025 vs 2019: First Quantum +54%, Codelco +47%, Southern Copper −34%
Image source: @jackprandelli