Australia is the world’s the fourth largest producer of copper.
The Australian Department of Industry, Innovation and Science says copper is one of Australia’s top ten commodity exports, worth about $6 billion a year.
Copper is an important metal widely used in electrical applications, plumbing and other building applications, and in metal alloys because of its high thermal and electrical conductivity and ductile behaviour.
Australia is estimated to have about 13 per cent of the world’s economic resources of copper, the second largest after Chile and ahead of Peru, Mexico, the USA, Indonesia and China.
Almost 75 per cent of Australia’s copper EDR is in South Australia, predominantly in the giant Olympic Dam deposit. There are substantial copper EDR in Queensland, New South Wales and Western Australia.
Australia has substantial copper resources located in all states and the Northern Territory, but predominantly in Queensland and South Australia.
Copper mining takes place in all states and the Northern Territory with most production coming from major mines in the Mount Isa region in Queensland and at the Olympic Dam mine in South Australia.
Australia is a member of the International Copper Study Group, an intergovernmental organisation which provides opportunities for regular consultations on international trade issues related to copper.