Country Report
Global copper mine cost summary
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Wood Mackenzie's Q4-2025 Global Copper Mine Cost Summary re-asserts the importance of high gold and silver prices on C1 costs in the near future. Driven by a confluence of factors, including sustained high by-product prices and squeezed TCRC throughout the year, we project global copper C1 plus sustaining costs to reach 181c/lb in 2025, representing a 14.2% decrease compared to 2024. The sustained rally in metal prices has generated significant by-product credits. This, combined with historically low TCRCs, is expected to drive a 21.5 c/lb reduction in 2025 C1 cash costs. A sharp decline in oil prices has driven down energy costs, fully offsetting the impact of higher electricity expenses.
Table of contents
- Associated data and slide pack for the analysis can be found in the Downloads section of this report (above right).
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Country Report
Global gold mine cost summary
This gold mine cost summary report examines production and cost trends in the gold mining industry.
$6,750
Country Report
Global bauxite mine asset cost summary
The Global Bauxite Asset Summary examines the cost environment in the base year as well as historically and forward five years.
$6,750
Country Report
Global zinc and lead mine cost summary
This global cost summary report examines production and cost trends in the zinc and lead mining industry.
$6,750
