30% of global copper produced by The Copper Mark sites
Over 30% of all globally mined copper comes from sites with The Copper Mark, the assurance framework for responsible value chains of copper.
This milestone was reportedly reached as all Codelco’s mines and smelters completed their assurance process and were granted the Copper Mark.
There are now 54 Copper Mark recipients include 10 of the 20 largest copper mines in terms of global production.
The Copper Mark now reportedly covers almost 80% of mined copper in Chile.
Chilean state-owned Codelco was ranked the largest copper producing company in the world in 2022 according to data from CRU, with a total of 1.6Mt of mined copper.
Freeport McMoRan and BHP main assets have also received The Copper Mark.
Michèle Brülhart, the Copper Mark’s Chief Executive says, ‘The Copper Mark now covers almost a third of globally mined copper and 80% of production in the largest copper producing nation in the world. This is an exciting milestone and shows the progress we have made towards our vision of all copper being responsibly produced.’