Copper

One of the best conductors of electricity, copper can be recycled repeatedly without damaging its performance, underlining the metal’s value for low carbon technologies.

Copper (Cu)

Copper is a malleable metal with multiple uses, including in construction, industrial machinery and equipment, electronics and communications, and electricity. Copper can be repeatedly recycled without impacting its performance and its conductivity means that it is a vital metal for renewable energy technologies. Chile is the biggest producer of mined and refined copper. Peru, China, DR Congo, and the United States are the next largest producers.  

There are numerous perceived ESG issues associated with the copper supply chain, such as air and water pollution, and company-community conflict. DR Congo accounts for most reports linking copper to issues such as child labour at artisanal and small-scale mines.  DR Congo only accounts for 6.4 percent of is on its way to becoming the second leading global production producer of copper, most of which is produced at large, industrial mines, however. Copper production associated with child labour therefore only accounts for a very small proportion of the material that enters global supply chains. 

Main uses and applications

Copper is malleable, ductile, and an excellent conductor of heat and electricity; it is also resistant to corrosion, and it is antimicrobial [1]. These attributes underline its usefulness across multiple sectors. According to the International Copper Study Group (ICSG) cCopper is also one of a few metals that can be repeatedly recycled without degrading [2]. The relative ease with which copper can be recycled makes it an attractive material in sectors that are working towards a circular economy.  

The main uses for copper include electrical wiring and conductors, heat dissipators, cookware, water and gas piping, electrical appliances, coins, and machinery components. The ICSG identifies seven growth markets for copper:  

Copper is used in renewable energy systems to generate power from solar, hydro, thermal and wind energy due to its ability to reduce CO2 emissions and lower the amount of energy needed to produce electricity [3]. In many renewable energy systems, there is 5-6 times more copper than in traditional energy systems [4].

Key Industries

  • Key Industries Icon Auto
  • Key Industries Icon Construction
  • Key Industries Icon Electronics
  • Key Industries Icon Energy
  • Key Industries Icon Ground Transport

Key Countries

Top Producer

Chile

Top Reserves

Chile

Supply Chain Risk

TDi Sustainability's data rates Copper's association with the following issues as high or very high:

database icon Supply Chain Concentration Risk
shovel-pickaxe icon Strength of Association with ASM
Very Low Moderate Very High

Country Governance Risks

Copper's association with countries experiencing:

firearm icon Violence and Conflict
gavel-and-block icon Weak Rule of Law
group icon Poor Human Rights
building-leaf icon Poor Environmental Governance
Very Low Moderate Very High

Association with ESG issues

TDi Sustainability's data rates Copper's association with the following issues as high or very high:

children icon Child labour
group icon Community rights violations (OECD Annex II)
buildings icon Company-community conflict (non-Annex II)
changing-hands icon Corruption
falling-rocks icon Degraded/fragmented landscapes
virus icon Disease prevalence in affected communities
forced-labour icon Forced Labour
silo icon Indigenous Peoples rights
pickaxe-in-hand icon Labour rights
leaf icon Negative biodiversity and conservation impact
passport icon Negative perceptions of corporate citizenship
tax-calculator icon Non-payment of taxes (Annex II)
hard-hat icon Occupational health and safety
factory icon Pollution
firearm icon Violence and conflict (Annex II)
Very Low Moderate Very High