The 7 Best Copper Stocks to Buy Today

If you’re searching for the following nice funding theme, don’t take a look at the shiny new devices; take a look at the stuff that makes them run: copper. It’s the indispensable aspect of the worldwide vitality transition, having earned the nickname “metal of electrification,” and for good cause.

Copper has pulled again lately together with gold, silver and different commodities, however the base case for investing within the “red metal” continues to be intact.

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From the wiring in your new electric vehicle to the photo voltaic panels on the roof and the modernized grid that powers all of it, copper is crucial. Global refined copper demand is projected to achieve 49 million metric tons by 2035, practically double what it was in 2021, based on S&P Global analysis. This isn’t a gradual burn; it’s a large, accelerating surge pushed by the speedy, large-scale deployment of inexperienced applied sciences. In reality, S&P Global claims that between 2022 and 2050, the world will want extra copper than all the steel that was consumed between 1900 and 2021.

The downside is that provide possible received’t have the ability to sustain. The International Institute for Strategic Studies predicts a copper deficit in 2026 because of extreme provide disruptions. While this shortfall would possibly spell dangerous information for net-zero-emissions targets, it will possibly spell alternative for savvy buyers. The firms finest positioned to mine, course of and ship this crucial steel could possibly be in excessive demand within the years to come back.

The following checklist of seven high copper shares might make good additions to any portfolio centered on the vitality transition:

Freeport-McMoRan Inc. (FCX)

Freeport?McMoRan stays one of many world’s most necessary copper producers, and in 2026 it’s onerous to discover a miner higher positioned for the demand increase coming from artificial intelligence knowledge facilities, EVs and the huge U.S. grid?improve cycle. Based in Phoenix, FCX provides buyers significant U.S. publicity paired with a world manufacturing base.

The firm’s half?owned Grasberg advanced in Indonesia continues to be the crown jewel. It’s one of many largest copper deposits on the planet. The gold and silver by?product credit additionally assist maintain FCX’s web money prices low. That value benefit issues much more in 2026, with copper remedy fees collapsing and provide disruptions tightening the market.

With copper costs elevated and structural deficits looming later within the decade, Freeport stays a core holding for buyers who need each stability and upside in a tightening world copper market.

Antofagasta PLC (OTC: ANFGF)

Antofagasta is one other of the steadier palms within the world copper market, and in 2026 that consistency is price its weight in, effectively, copper. The firm’s long-life, open-pit mines are concentrated in Chile’s prolific Central Valley.

The firm has been leaning into disciplined growth reasonably than flashy acquisitions, steadily rising output whereas retaining prices below management. Its flagship Los Pelambres mine anchors manufacturing with Centinela not far behind. With copper demand accelerating throughout data centers, EVs and transmission infrastructure, Antofagasta’s mixture of operational stability and measured development makes it a compelling decide for buyers who need publicity to copper with out signing up for pointless volatility.

Hudbay Minerals Inc. (HBM)

Hudbay Minerals is without doubt one of the extra compelling North American copper names heading into 2026. The firm’s technique has been refreshingly simple: Grow copper manufacturing, maintain prices in verify, and use money stream to strengthen the balance sheet. That method is paying off. Hudbay’s 2025 outcomes present promising copper output from its flagship Constancia mine in Peru and regular momentum from the Copper Mountain mine in British Columbia, which the corporate acquired in 2023.

Hudbay has additionally been vocal about its multi?12 months copper development pipeline, together with tasks within the U.S. and Peru. The firm’s mixture of manufacturing development and enhancing financials makes it a strong decide for buyers who need publicity to the copper story with out venturing into greater?danger jurisdictions.

Lundin Mining Corp. (OTC: LUNMF)

Lundin Mining enters 2026 with the form of operational consistency buyers really care about. The firm met steering throughout all metals in 2025, marking its third consecutive 12 months of hitting consolidated manufacturing targets. This was supported by its Caserones mine, which posted its strongest month for the reason that firm took possession of the mine in 2023.

Copper stays Ludin’s centerpiece, and administration forecasts manufacturing will stay sturdy into 2028. In its Q3 2025 outcomes, Lundin reported greater copper manufacturing, stronger income and improved earnings earlier than curiosity, taxes, depreciation and amortization, or EBITDA, in contrast with earlier quarters, reinforcing the corporate’s upward momentum heading into 2026. Management additionally highlighted greater than $1 billion in quarterly income and sturdy working money stream.

Lundin lately introduced its sale of the small, non-core Eagle Mine, which will likely be changed with a virtually 20% possession in a pure-play U.S. nickel-copper firm. This shift reveals the corporate’s intention of being a copper-focused producer.

With 2026 by 2028 steering already revealed and a monitor document of assembly its targets, Lundin Mining provides buyers a secure, development?oriented copper producer backed by clear reporting and constant supply.

Teck Resources Ltd. (TECK)

Teck Resources has absolutely advanced right into a pure-play energy transition metals firm following the completion of the $7.3 billion sale of its steelmaking coal enterprise in July 2024. With the portfolio now centered on copper and zinc, Teck’s close to?time period focus stays on stabilizing and optimizing Quebrada Blanca Phase 2 (QB2) in Chile.

In its January manufacturing replace, the corporate reaffirmed its 2026 to 2028 copper outlook. Teck additionally confirmed that 2025 copper manufacturing got here in beneath steering because of climate?associated disruptions and ramp?up challenges at Quebrada Blanca, however emphasised that its multi?12 months copper development trajectory stays unchanged. With QB2 anticipated to contribute more and more significant volumes as efficiency improves, Teck continues to focus on substantial copper development throughout the last decade.

The firm continues to focus on a path towards 800,000 tonnes of annual copper manufacturing by 2030, underscoring its ambition to develop into one of many world’s main copper?centered miners.

Southern Copper Corp. (SCCO)

With main operations centered in Peru and Mexico, Southern Copper instructions some of the cost-efficient operational platforms within the copper business, giving it substantial margin benefit even when commodity costs expertise cyclical downturns. The firm additionally claims the biggest copper reserves amongst all publicly listed miners, which offers a useful resource runway that may stretch for many years.

The firm continues to advance main expansions, together with Tía María, Los Chancas and Michiquillay in Peru, and El Pilar and El Arco in Mexico. It does this whereas sustaining a strong focus on ESG by lowered greenhouse emissions and restoration tasks.

While its geographic focus in Latin America exposes it to particular regional regulatory and geopolitical dangers, the lengthy life and scale of its mines make it a powerful possibility for buyers in search of most publicity to rising copper demand over the long run.

Ivanhoe Mines Ltd. (OTC: IVPAF)

Canadian-based Ivanhoe Mines is one other intriguing prospect for copper buyers. The firm noticed document copper manufacturing in 2025, regardless of a seismic occasion final 12 months that briefly lowered output at Kamoa?Kakula, the world’s fastest-growing and greenest main copper mine, situated within the Central African Copperbelt. Operations have since stabilized and the mine nonetheless achieved 2025 steering. The mine is already averaging 500 tonnes of 99.7% pure copper anode manufacturing per day, with its first exports able to depart.

Ivanhoe’s 2026 steering additionally stays sturdy throughout Kamoa?Kakula, Platreef and Kipushi, with the corporate reaffirming that every one three belongings are anticipated to contribute to consolidated manufacturing for the primary time. The 2026 manufacturing ranges counsel continued development at Kamoa?Kakula and the transition of Platreef and Kipushi into their preliminary manufacturing phases.

With three sturdy belongings contributing to the highest line and multi?12 months steering reaffirmed, Ivanhoe provides buyers a quickly scaling, development?oriented copper producer with a transparent path to increasing output by the last decade.

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The 7 Best Copper Stocks to Buy Today initially appeared on usnews.com

Update 02/04/26: This story was beforehand revealed at an earlier date and has been up to date with new data.