Grid & power metals

The world's largest listed miner. Copper is its main growth engine alongside iron ore.

Iron-ore major that has built out copper, aluminum and, since buying Arcadium, lithium.

Swiss miner-trader with large copper and cobalt output in the DRC and a global trading arm. It is diversified, but battery and grid metals are central.

London-listed miner reshaping itself around copper, with platinum-group metals and iron ore.

Copper miner and smelter in Mexico and Peru, controlled by Grupo México. It is one of the purest large-cap copper stocks and also produces molybdenum.

China's largest listed miner, with copper and gold mines across Africa, Latin America and Asia, and a growing lithium business. It shows how much mine output Chinese companies control outside China.

One of the largest listed copper miners, with mines in the Americas and Indonesia's Grasberg. Copper is most of what it sells, making it a liquid way to own the wire-and-busbar side of AI build-outs.

Chinese miner that became the world's largest cobalt producer through its DRC mines (Tenke Fungurume, Kisanfu). It also produces molybdenum, tungsten and niobium.

Chile-based copper miner listed in London and controlled by the Luksic family. Almost all its revenue is copper, so it tracks the copper price closely.

Canadian copper and zinc miner whose Trail complex in British Columbia is one of the world's largest integrated germanium producers. That makes it a rare Western source of a chip-grade metal China now restricts.

Copper-focused miner with large operations in Zambia and Panama. Its Cobre Panamá mine restarted copper production in Q2 2026 after a 2023 shutdown, so the company carries both copper-price and Panama political risk.

Chinese state-backed copper miner and one of the world's largest copper smelters and refiners.

Mid-sized copper miner in Canada, Peru and the US, with a copper project in Arizona that could add domestic US supply.

Africa-focused miner behind the Kamoa-Kakula copper complex in the DRC. Its restarted Kipushi zinc mine also carries germanium, a possible future supply source outside China.

US aluminum and alumina producer. Gallium can be recovered from alumina refining, and Alcoa is building a gallium plant at its Wagerup refinery in Western Australia.

The largest US primary aluminum producer, with smelters in the US and Iceland. Aluminum goes into data-center racks, cabling and cooling.

US steelmaker that is the only domestic producer of grain-oriented electrical steel, the core material of power transformers. Transformer shortages are a bottleneck for connecting new data centers to the grid.

ETF holding a broad basket of copper mining stocks. A simple one-ticker way to own copper miners.

Copper-miner ETF from Sprott that weights toward companies with the most copper revenue. Much smaller and less liquid than COPX.

Fund that tracks copper futures rather than mining stocks, so returns follow the metal price without mining-company operating risk.