Lundin Mining Plans to Rank Among Top 10 Global Copper Companies

Published: Jun 20, 2025 23:49

Save

According to SMM, Lundin Mining, a Canadian mining company, has unveiled a strategic growth plan aimed at propelling the company into the top 10 global copper producers. The company stated that it plans to achieve an annual production capacity of 500,000 mt of copper and 550,000 ounces of gold within three to five years. The strategy focuses on the expansion of its core assets in Candelaria and Caserones, Chile, as well as the Caserones project in Brazil. CEO Jack Lundin said that the company is entering an exciting new phase of growth, thanks to a clear path to increase copper production through low-cost project expansions. The company is advancing several low-capital-intensity projects, and it is expected that annual production will increase by 30,000-40,000 mt in the medium term.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

2 hours ago

Falling Copper Prices Spurred Downstream Buyers to Replenish Inventories; Overall Trading This Week Was Better Than Last Week [SMM South China Spot Copper Cathode Weekly Review]

2 hours ago

3 hours ago

Most-Traded BC Copper Contract Closed Down 0.16% as Inflation Concerns and High Inventories Weighed on Prices [SMM BC Copper Commentary]

3 hours ago

4 hours ago

Jin Chengxin Secures $166M Contract for Jiangxi Copper's Underground Development Project

Jin Chengxin announced that the company had undertaken the underground copper system development works (Section II) for the -578 m level and -678 m level of Jiangxi Copper Corporation Group Yinshan Mining Co., Ltd. The contract was a lump-sum contract, with a signing amount of approximately 166 million yuan (excluding tax). The total contract duration was 1,651 calendar days, and it was expected to run from March 5, 2026 to September 10, 2030.

4 hours ago