- China Is Snapping Up Overseas Assets Again From Puma to Metals
Feb 13, 2026
(Bloomberg) -- After Beijing slammed them shut about a decade ago, the gates have flung open again for Chinese firms to go on overseas acquisition sprees.
In January alone, the volume of outbound mergers and acquisitions from Greater China approached $12 billion, the most for the first month of a year since 2017. The shopping list included high-profile names like German sports brand Puma SE and Canadian miner Allied Gold Corp.
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The turnaround is gathering momentum after a prolonged lull that began in the mid to late 2010s, when China capped outbound investment to rein in exuberant spending. One particularly high-profile case was HNA Group Co., which went on a debt-fueled international binge into names such as Hilton Worldwide Holdings Inc. and Deutsche Bank AG before collapsing.
“We have seen a pickup in outbound M&A interest from China,” said Richard Griffiths, BNP Paribas SA’s head of M&A in Asia Pacific. “Many new situations are being evaluated at the moment and we expect more significant deals to be announced in 2026.”
Reasons for the shift include heightened competition and fewer opportunities at home, as well as renewed confidence and financial strength as local brands grow and Beijing gives its blessing to pursue strategic assets and M&A in key industries. Hurdles such as trade barriers still need to be negotiated though as some countries are more resistant and wary of Chinese investment.
“We expect to see more Chinese companies buying assets overseas in markets with lower regulatory hurdles and industries that are less sensitive, including consumer and retail,” said Nancy Zheng, a partner at Bain & Co. in Shanghai. Other countries in Asia, Canada, some European markets and Latin America have welcomed Chinese buyers, she said.
China has significant control over Chile’s electricity market, for example, with China Southern Power Grid Corp. and State Grid Corp. of China both owning stakes in major power companies. China Southern Power has been trying to increase its 28% stake in Transelec SA in a $4 billion deal, people familiar with the matter have said, though a final agreement hasn’t yet been reached.
On the consumer and retail side, Chinese market leader Luckin Coffee Inc., which has leapfrogged Starbucks Corp. at home, is considering acquisitions including Nestle SA’s Blue Bottle Coffee to elevate its international profile and expand in the premium coffee segment. The chain and its private equity owner Centurium Capital also contemplated a bid for Coca-Cola Co.’s Costa Coffee.
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HSG, formerly Sequoia Capital China, is among a handful of bidders for Leica Camera AG, the German firm owned by Austrian billionaire Andreas Kaufmann and Blackstone Inc. Last year, HSG acquired Italian sneaker maker Golden Goose, as well as a majority stake in audio equipment maker Marshall Group AB. And FountainVest Partners bought a stake in Eurogroup Laminations SpA.
“Relatively better growth rates and consumer sentiment in markets outside of China over the past 18 months are making outbound M&A a more attractive proposition,” BNP’s Griffiths said.
A strong stock market is giving corporate boards a confidence lift. Hong Kong’s Hang Seng Index rallied 28% in 2025 and 18% in 2024, and has pushed on in the 2026, hitting a four-and-half-year high in January. Meanwhile, the CSI 300 Index in mainland China has climbed 20% over the past 12 months.
As China Southern Power’s Chilean adventure shows, the appetite for overseas expansion reaches into sensitive areas too. That can cause complications, such as with Hong Kong tycoon Li Ka-shing’s attempt to sell CK Hutchison Holdings Ltd. ports in the Panama Canal and elsewhere. A sticking point is the role China Cosco Shipping Corp., the country’s biggest shipping company, might play.
Elsewhere in the Americas, Aluminum Corp. of China is acquiring a controlling interest in Cia. Brasileira de Alumínio, in a deal that also involves Rio Tinto Group. In the race to secure critical metals, CMOC Group recently acquired the Brazilian operations of Equinox Gold Corp., while Jiangxi Copper Co. agreed to buy miner SolGold Plc. Both are billion-dollar deals. There’s also hefty investment by electric-vehicle makers like BYD Co. and battery manufacturer Contemporary Amperex Technology Co. Ltd. in plants overseas.
“The China market is highly competitive, driving innovation and cost competitiveness which is positioning China companies well to move overseas,” Griffiths said. “Europe is of particular interest,” he added.
Outbound deals in regions such as Europe and Southeast Asia will strengthen Chinese supply chains and enhance companies’ competitiveness, according to Matthew Phillips, China financial services industry leader at PwC.
“Private companies are often sector leaders in the China market whose competitive edge has been honed and they have reached the scale and developed the capabilities they need to build their businesses in global markets,” Phillips said. “Some cases have outgrown their home market.”
Another area getting investors’ pulses racing is the fast-growing world of data centers and related infrastructure. DayOne Data Centers Ltd., which is backed by China’s GDS Holdings Ltd., is investing in facilities in places such as Southeast Asia and planning an initial public offering in the US. Elsewhere in tech, Tencent Holdings Ltd. has ramped up M&A particularly in Europe in recent years.
“We’re operating in a constructive M&A environment, and often the highly dynamic global backdrop can be a catalyst for cross-border activity,” said Richard Wong, head of APAC M&A at Morgan Stanley. “Boards and management teams are being proactive about advancing strategic priorities, and those ingredients together are supporting increased deal flow.”
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- Assessing Jiangxi Copper (SEHK:358) Valuation After A Strong One Year Share Price Run
Jan 9, 2026
Jiangxi Copper stock snapshot
Jiangxi Copper (SEHK:358) has attracted fresh attention after a strong recent share price move, with the stock returning about 31% over the past month and 22% over the past 3 months.
See our latest analysis for Jiangxi Copper.
The 30-day share price return of 30.9% and 90-day share price return of 22.1% sit alongside a very large 1-year total shareholder return of 274.1%. This suggests momentum has been building recently as investors reassess growth potential and risk.
If Jiangxi Copper’s strong run has you thinking about where else capital is moving, it could be worth scanning fast growing stocks with high insider ownership as another way to spot emerging ideas.
With Jiangxi Copper showing a very large 1 year return and trading at around a 24% discount to one intrinsic value estimate, the key question is whether there is still a buying opportunity here or whether future growth is already priced in.
Price-to-Earnings of 17.2x: Is it justified?
Jiangxi Copper closed at HK$44.48, and on a P/E of 17.2x it screens as relatively inexpensive compared with both peers and the wider Hong Kong metals and mining group.
The P/E ratio compares the share price to earnings per share, so you are effectively seeing how much the market is paying for each unit of current earnings. For a miner with exposure to copper, gold and other polymetal operations, earnings can be cyclical. This metric often becomes a quick way to gauge how the market is weighing current profit against expectations for future cycles.
On this lens, Jiangxi Copper is described as good value versus its peer average P/E of 37.2x, and also versus the Hong Kong metals and mining industry average of 18x. However, the P/E sits slightly above an estimated fair P/E of 17x. This suggests limited slack if sentiment or earnings expectations shift and the ratio gravitates back toward that fair level.
Explore the SWS fair ratio for Jiangxi Copper
Result: Price-to-Earnings of 17.2x (UNDERVALUED)
However, you still have to weigh risks such as cyclicality in copper and gold markets, as well as the possibility that current earnings or valuation assumptions prove too optimistic.
Find out about the key risks to this Jiangxi Copper narrative.
Another Angle on Value
While the 17.2x P/E suggests Jiangxi Copper looks inexpensive next to peers, our DCF model indicates an estimated fair value of HK$182.61 compared to the current HK$44.48. That gap signals a wide margin, but how comfortable are you with the assumptions behind it?
Look into how the SWS DCF model arrives at its fair value.
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358 Discounted Cash Flow as at Jan 2026
Simply Wall St performs a discounted cash flow (DCF) on every stock in the world every day (check out Jiangxi Copper for example). We show the entire calculation in full. You can track the result in your watchlist or portfolio and be alerted when this changes, or use our stock screener to discover 877 undervalued stocks based on their cash flows. If you save a screener we even alert you when new companies match - so you never miss a potential opportunity.
Build Your Own Jiangxi Copper Narrative
If parts of this view do not sit right with you, or you would rather lean on your own work, you can stress test the numbers yourself and Do it your way in a few minutes.
A good starting point is our analysis highlighting 3 key rewards investors are optimistic about regarding Jiangxi Copper.
Looking for more investment ideas?
If Jiangxi Copper has caught your eye, do not stop here. Widen your watchlist with a few focused stock ideas that match what you care about most.
Target income first by scanning these 11 dividend stocks with yields > 3% that may help you build a portfolio with more consistent cash returns. Capture early growth stories by checking out these 3543 penny stocks with strong financials that pair smaller market caps with stronger financial profiles. Position yourself in future focused sectors by reviewing these 79 cryptocurrency and blockchain stocks tied to blockchain, payments, and digital asset infrastructure.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include 0358.HK.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
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- China Metals & Mining Industry Report 2025, Profiles of Jiangxi Copper, China Shenhua Energy Co, Zijin Mining Group, Aluminum Corp of China
Jan 5, 2026
Company Logo
The main market opportunities in China's metals & mining sector include robust growth potential due to high production volumes and significant market share in the Asia-Pacific region. Key opportunities exist in segments like aluminum and steel, driven by strong industry growth and competitive dynamics.
Dublin, Jan. 05, 2026 (GLOBE NEWSWIRE) -- The "Metals & Mining in China" report has been added to ResearchAndMarkets.com's offering.
Metals & Mining in China industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
The metals & mining industry includes aluminum, steel, iron ore, coal, base metals, and precious metals. Market volume represents production volume, and market value is calculated by multiplying market volume by production price. The Chinese metals & mining industry recorded revenues of $1.37 trillion in 2024, representing a compound annual growth rate (CAGR) of 9.6% between 2019 and 2024. Industry production volume increased with a CAGR of 2.6% between 2019 and 2024, reaching a total of 5,414,402.4 thousand tonnes in 2024. China accounted for the largest share of 62.2% of the Asia-Pacific metals & mining industry in 2024.
Scope
Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the metals & mining market in China Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the metals & mining market in China Leading company profiles reveal details of key metals & mining market players' global operations and financial performance Add weight to presentations and pitches by understanding the future growth prospects of the China metals & mining market with five year forecasts by both value and volume
Key Topics Covered:
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market rivalry
1.8. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the recent developments in the industry?
8 Company Profiles
8.1. Jiangxi Copper Co Ltd
8.2. China Shenhua Energy Co Ltd
8.3. Zijin Mining Group Co Ltd
8.4. Aluminum Corporation of China Ltd
9 Macroeconomic Indicators
For more information about this report visit https://www.researchandmarkets.com/r/mf7pc
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About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood,Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
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- SolGold Board Backs Jiangxi Copper’s Sweetened Takeover Bid
Dec 15, 2025
The Chinese state-owned miner has won the support of SolGold’s board after making a revised bid that values U.K.-listed company at $1.13 billion
Continue Reading
- Energy & Utilities Roundup: Market Talk
Sep 9, 2025
Find insight on Infratil, oil futures and more in the latest Market Talks covering Energy and Utilities.
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- Asian Dividend Stocks: 3 Top Picks For Your Portfolio
Aug 31, 2025
As global markets navigate a landscape marked by economic uncertainties and geopolitical tensions, Asian stock markets have shown resilience, with China's recent rally highlighting the region's potential for growth. In such an environment, dividend stocks in Asia can offer investors not only a steady income stream but also exposure to some of the most dynamic economies in the world.
Top 10 Dividend Stocks In Asia
Name Dividend Yield Dividend Rating Wuliangye YibinLtd (SZSE:000858) 4.89% ★★★★★★ Torigoe (TSE:2009) 4.45% ★★★★★★ Soliton Systems K.K (TSE:3040) 3.75% ★★★★★★ SAN Holdings (TSE:9628) 3.88% ★★★★★★ NCD (TSE:4783) 4.57% ★★★★★★ Japan Excellent (TSE:8987) 3.96% ★★★★★★ HUAYU Automotive Systems (SHSE:600741) 4.18% ★★★★★★ GakkyushaLtd (TSE:9769) 4.46% ★★★★★★ Daicel (TSE:4202) 4.39% ★★★★★★ CAC Holdings (TSE:4725) 4.73% ★★★★★★
Click here to see the full list of 1029 stocks from our Top Asian Dividend Stocks screener.
We'll examine a selection from our screener results.
Harbin Electric
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Harbin Electric Company Limited, along with its subsidiaries, focuses on the manufacturing and sale of power plant equipment across various regions including the People’s Republic of China, Asia, Africa, Europe, and the United States; it has a market cap of approximately HK$18.00 billion.
Operations: Harbin Electric Company Limited generates revenue through the manufacture and sale of power plant equipment across multiple regions, including China, Asia, Africa, Europe, and the United States.
Dividend Yield: 3%
Harbin Electric's recent earnings report shows substantial growth, with net income rising to CNY 1.05 billion for the first half of 2025. Despite a low dividend yield of 3.04%, the company's dividends are well-covered by earnings and cash flows, with payout ratios at 30.7% and 18.9%, respectively. However, its dividend history is marked by volatility, making it less reliable for consistent income seekers despite trading at good value compared to peers.
Get an in-depth perspective on Harbin Electric's performance by reading our dividend report here. In light of our recent valuation report, it seems possible that Harbin Electric is trading behind its estimated value.SEHK:1133 Dividend History as at Aug 2025
Jiangxi Copper
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Jiangxi Copper Company Limited, along with its subsidiaries, is involved in the exploration, mining, ore dressing, smelting, refining, and processing of copper both domestically in Mainland China and Hong Kong as well as internationally; it has a market cap of approximately HK$94.64 billion.
Operations: Jiangxi Copper's revenue is primarily derived from its Copper Related Industries, generating CN¥435.32 billion, and Gold Related Industries, contributing CN¥77.88 billion.
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Dividend Yield: 3.3%
Jiangxi Copper's recent earnings reveal a net income increase to CNY 4.17 billion for the first half of 2025, supporting its dividend payments with a payout ratio of 32.1%. Despite this coverage and a history of dividend growth, the yield remains low at 3.33% compared to top payers in Hong Kong, and past dividends have been volatile. The stock trades below fair value, offering potential relative value amidst an unstable dividend track record.
Unlock comprehensive insights into our analysis of Jiangxi Copper stock in this dividend report. Insights from our recent valuation report point to the potential undervaluation of Jiangxi Copper shares in the market.SEHK:358 Dividend History as at Aug 2025
Guangshen Railway
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Guangshen Railway Company Limited operates in the railway passenger and freight transportation sectors in the People's Republic of China, with a market cap of HK$23.11 billion.
Operations: Guangshen Railway Company Limited generates revenue primarily from its operations in railway passenger and freight transportation within China.
Dividend Yield: 3.3%
Guangshen Railway's dividends are covered by earnings and cash flows, with payout ratios of 39.5% and 22.3%, respectively, yet the dividend yield of 3.34% is low compared to top Hong Kong payers. Despite recent earnings growth—net income rose to CNY 1.11 billion for H1 2025—dividends have been unreliable over the past decade due to volatility. The company is involved in a significant CNY16.66 billion renovation project at Guangzhou East Station, potentially impacting future financial stability and dividend sustainability.
Click to explore a detailed breakdown of our findings in Guangshen Railway's dividend report. According our valuation report, there's an indication that Guangshen Railway's share price might be on the cheaper side.SEHK:525 Dividend History as at Aug 2025
Summing It All Up
Unlock our comprehensive list of 1029 Top Asian Dividend Stocks by clicking here. Are any of these part of your asset mix? Tap into the analytical power of Simply Wall St's portfolio to get a 360-degree view on how they're shaping up. Take control of your financial future using Simply Wall St, offering free, in-depth knowledge of international markets to every investor.
Ready For A Different Approach?
Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include SEHK:1133 SEHK:358 and SEHK:525.
This article was originally published by Simply Wall St.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
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- China’s Oil Majors Plot Shift to New Fuels and Fine Chemicals
Aug 28, 2025
A Sinopec gas station in Shanghai. Photographer: Qilai Shen/Bloomberg
(Bloomberg) -- China’s state oil majors are racing to keep up with the nation’s breakneck energy transition, shifting operations from loss-making gasoline and diesel to alternative fuels and high-end chemicals.
Over the past week, both PetroChina Co. and Sinopec have reported first-half earnings blunted by weaker international oil prices and crumbling demand for fossil fuels at home. Their response, according to executives, will be to revamp downstream businesses and extend their reach to more specialized, higher-value products.
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Sinopec’s 36% drop in net income was led by a 59% tumble in operating profit at its mainstay refining business and deepening losses at its chemicals unit. PetroChina fared better only because it’s less dependent on those segments, which still saw a combined decline of 19% compared to last year.
More broadly, oil processing is among the worst performing industries in China and has lost money over the first seven months of the year, according to government data. The rapid electrification of cars, trucks and trains means demand for traditional transport fuels has almost certainly peaked.
Chinese gasoline consumption will “face quite a lot of pressure” in the second half, PetroChina’s Chief Financial Officer Wang Hua said at an earnings briefing in Hong Kong on Wednesday. He cited electric charging and the use of natural gas as a fuel as key threats to demand.
Chemicals makers, particularly bulk suppliers to industries like plastics, have also struggled this year with overproduction relative to demand. Indeed, the whole downstream sector is now bracing for a sweeping overhaul as the government campaigns against the involutionary pressures burdening the economy.
That will put a lot of capacity on the chopping block. Sinopec will speed up the elimination of outdated facilities and control investment in chemicals during the government’s next five-year plan that begins in 2026, President Zhao Dong said at an earnings briefing in Hong Kong last week.
High-end chemicals will be a “critical investment direction” to feed substantial demand growth from aircraft, drones, robotics, batteries and new energy vehicles, Chairman Hou Qijun said at the same briefing.
PetroChina’s prescription for the second half also involves turning to more specialized compounds. Those include relatively mundane items like paraffin and lubricants, to low-sulfur marine fuel, carbon fibers and materials that insulate high-voltage cables, according to its earnings report.
繼續閱讀
Cleaner Gas
Both companies are also leaning into cleaner-burning gas and electric vehicles to loosen oil’s grip on their profits.
PetroChina said its liquefied natural gas refueling stations saw volumes rise 59% in the first half. For electric charging stations, the jump was 213%. Growing both will be a focus for the company in the second half, it said. The firm’s proposal to buy its parent’s gas storage businesses for $5.6 billion will only cement its lead in that market.
Sinopec, meanwhile, has worked to become an integrated energy provider in the first half, developing its EV battery networks and ranking No. 1 in the retail LNG market, Chief Financial Officer Shou Donghua told the briefing in Hong Kong.
For all of the recalibration downstream, both companies remain firmly committed to upstream growth in line with Beijing’s energy security goals. Offshore driller Cnooc Ltd., the third of China’s oil majors, which also reported earnings this week, has typically led those efforts. In practice, that has meant keeping oil output at least steady while raising gas production.
On the Wire
Indonesian sovereign wealth fund Danantara has signed a $1.42 billion heads of agreement with Chinese company GEM Co. to invest in battery-grade nickel plant.
Baoshan Iron & Steel Co., the listed unit of the world’s top steel producer, says China’s efforts to rein in overcapacity will start to show results this half.
China’s industrial companies saw their profits fall at a slower pace in July, in a potential sign that efforts to curb overcapacity are starting to ease the strain from aggressive competition among producers.
This Week’s Diary
(All times Beijing)
Thursday, Aug. 28
CSIA’s weekly solar wafer price assessment Cnooc earnings call, 17:00 EARNINGS: Jiangxi Copper, Hesteel, Maanshan Steel, GEM, Cosco Shipping
Friday, Aug. 29
China’s weekly iron ore port stockpiles Shanghai exchange weekly commodities inventory, ~15:30 EARNINGS: Jinko, GCL-Poly, Three Gorges, Yangtze Power, Shenhua, BYD, Gotion, Tianqi Lithium, Citic Ltd.
Saturday, Aug. 30
Nothing major scheduled
Sunday, Aug. 31
China’s official PMIs for August, 09:30
--With assistance from Sarah Chen and Ben Sharples.
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- Copper Market Analysis Report 2025-2030, with Profiles of AngloAmerican, Antofagasta, Aurubis, BHP, Codelco, Freeport-McMoRan, Glencore, Jiangxi Copper, KGHM, Rio Tinto & Teck Resources
Aug 6, 2025
Company Logo
Driving factors in the copper market include rising construction, renewable energy, and electric vehicle demand in emerging economies. Asia Pacific leads, with major investments in infrastructure and electronics.
Dublin, Aug. 06, 2025 (GLOBE NEWSWIRE) -- The "Copper Market Size, Share & Trends Analysis Report By Type (Primary Copper, Secondary Copper), By Product (Wire, Tube, Foil), By End Use (Industrial Equipment, Transport, Infrastructure), By Region, And Segment Forecasts, 2025 - 2030" report has been added to ResearchAndMarkets.com's offering.
The global copper market size is anticipated to reach USD 339.95 billion by 2030 and is projected to grow at a CAGR of 6.5% from 2025 to 2030.
Copper is essential in the construction sector due to its excellent conductivity, corrosion resistance, and durability. It is extensively used in wiring, plumbing, roofing, and heating systems. As emerging economies like India, Vietnam, and several African nations continue to invest heavily in smart cities, transportation networks, and modern housing, the demand for copper in residential and commercial construction is expected to grow substantially over the coming years.
Another major driver is the transition toward renewable energy and electrification. Solar and wind power installations require large quantities of copper for turbines, photovoltaic cells, inverters, and power grid connections. According to the International Energy Agency (IEA), renewable energy investments reached record levels in 2024, particularly in Asia Pacific, Europe, and North America. Moreover, developing smart grids and battery storage systems-critical for integrating intermittent renewable sources-heavily depend on copper wiring and components. This energy shift is fundamentally altering copper consumption patterns globally.
The rise of electric vehicles (EVs) and supporting infrastructure is another powerful growth catalyst. EVs use up to four times more copper than traditional internal combustion engine vehicles, particularly in batteries, electric motors, wiring harnesses, and thermal management systems. Charging stations, which are expanding rapidly in Europe, the U.S., and China, also rely on copper for energy transmission. As governments introduce stricter emission norms and incentives to boost EV adoption, the automotive industry's copper demand is projected to increase exponentially through 2030 and beyond.
Technological advancements in electronics and communication also contribute significantly to copper industry growth. Copper is vital in printed circuit boards, connectors, semiconductors, and high-frequency data cables used in smartphones, data centers, IoT devices, and 5G infrastructure. As the global economy becomes increasingly digital, the proliferation of electronic devices and cloud computing continues to fuel the demand for high-purity copper products. This segment is particularly strong in East Asia, where consumer electronics manufacturing is concentrated.
Moreover, the increased focus on sustainability and circular economy practices has increased interest in copper recycling. Recycled or secondary copper requires far less energy to produce and reduces the environmental impact of mining. As industries prioritize carbon neutrality and material efficiency, recycling copper from scrap metal, obsolete electronics, and decommissioned infrastructure are expected to rise. This supports demand and enhances supply chain resilience amid fluctuating ore grades and geopolitical uncertainties. These factors create a strong long-term growth outlook for the global copper industry.
Copper Market Report Highlight
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Based on type, the primary copper segment led the market with the largest revenue market share of 84.8% in 2024, due to its high purity, widespread availability from large-scale mining operations, and critical application in industries requiring superior conductivity, such as electrical infrastructure, automotive, and renewable energy systems. The wire segment led the market with the largest revenue share of 61.7% in 2024, driven by the extensive use of copper wire in power transmission, residential and commercial electrical systems, electronics, and the rapidly expanding electric vehicle and renewable energy sectors that require efficient and reliable conductivity solutions. Based on end use, the infrastructure segment is anticipated to register at the fastest CAGR of 7.0% over the forecast period, due to increasing global investments in smart grids, transportation networks, renewable energy integration, and urban development projects, all of which require significant copper inputs for electrical systems, communication lines, and energy distribution frameworks. Asia Pacific dominated the market with the largest revenue share of 74.7% in 2024, due to the presence of major copper-consuming economies like China and India, rapid industrialization, large-scale infrastructure development, and the region's leadership in electronics manufacturing, renewable energy installations, and electric vehicle production.
Why should you buy this report?
Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments. Competitive Landscape: Explore the market presence of key players worldwide. Future Trends: Discover the pivotal trends and drivers shaping the future of the global market. Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.
Key Topics Covered:
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary 2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Outlook
Chapter 3. Market Variables, Trends, and Scope 3.1. Global Copper Market Outlook
3.2. Industry Value Chain Analysis
3.3. Technology Overview
3.4. Regulatory Framework
3.5. Market Dynamics
3.6. Industry Trends
3.7. Porter's Five Forces Analysis
3.8. PESTLE Analysis
Chapter 4. Copper Market: Type Estimates & Trend Analysis 4.1. Copper Market: Type Movement Analysis, 2024 & 2030
4.2. Primary Copper
4.3. Secondary Copper
Chapter 5. Copper Market: Product Estimates & Trend Analysis 5.1. Copper Market: Product Movement Analysis, 2024 & 2030
5.2. Wire
5.3. Rods, Bars & Sections
5.4. Flat Rolled Products
5.5. Tube
5.6. Foil
Chapter 6. Copper Market: End Use Estimates & Trend Analysis 6.1. Copper Market: End Use Movement Analysis, 2024 & 2030
6.2. Industrial Equipment
6.3. Transport
6.4. Infrastructure
6.5. Building & Construction
6.6. Consumer & General Products
6.7. Others
Chapter 7. Copper Market: Regional Estimates & Trend Analysis 7.1. Regional Analysis, 2024 & 2030
Chapter 8. Competitive Landscape 8.1. Recent Developments & Impact Analysis, By Key Market Participants
8.2. Company Categorization
8.3. Heat Map Analysis
8.4. Vendor Landscape
8.5. List of prospective end-users
8.6. Strategy Initiatives
8.7. Company Profiles
AngloAmerican Antofagasta Aurubis BHP Codelco Freeport-McMoRan Glencore GRUPO MEXICO Jiangxi Copper Corporation KGHM Rio Tinto Teck Resources Limited
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- Asia copper producing stocks sink on Trump’s targeted 50% tariff move
Jul 31, 2025
Investing.com-- Asia‑Pacific copper-producing stocks slid sharply after President Donald Trump announced a 50% U.S. tariff on semi‑finished copper products, but excluded copper ores, concentrates, cathodes, and scrap.
The unexpected carve‑outs triggered a 19% plunge in U.S. copper futures on Wednesday, undermining previous price premiums on Comex versus London Metal Exchange.
Investor sentiment turned negative across copper-linked equities in Asia.
In Hong Kong, Jiangxi Copper (HK:0358) slid 4% and Zijin Mining Group (HK:2899) (HK:2899) dropped 5%.
In India, shares of Hindalco Industries (NSE:HALC) fell 1.5%, while Hindustan Copper Ltd (NSE:HCPR) dropped more than 4%.
In Australia, BHP Group Ltd (ASX:BHP) slipped 3.2%, while Sandfire Resources lost more than 4%. Rio Tinto (NYSE:RIO) shares dropped 3.5%.
Australia’s S&P/ASX 300 Metals & Mining index fell 3% on Thursday.
Concerns over China’s shrinking manufacturing PMI added further pressure on commodity-linked equities.
- Asia copper stocks drop after Trump announces 50% import tariff
Jul 9, 2025
Investing.com-- Major copper-producing stocks across Asia fell on Wednesday, following U.S. President Donald Trump’s announcement of an impending 50% tariff on imported copper.
President Trump said on Tuesday he will announce a 50% tariff on copper, hoping to boost U.S. production.
This sent U.S. copper futures surging as much as 13% on Tuesday, hitting a record of $5.90 per pound. Traders rushed to build inventories ahead of impending import duties. U.S. copper futures extended gains in Asia hours on Wednesday.
"Yet this will be bearish for LME prices, with the wave of copper rushing to the US likely to stop once the tariffs are implemented," analysts at ING said in a note.
In contrast, benchmark Copper Futures on the London Metal Exchange fell 1.8% $9,634 a ton, as of 05:23 GMT, and those on the Shanghai Futures Exchange lost roughly 0.5%, reflecting limited time to reroute shipments to the U.S.
Asian copper-linked equities broadly underperformed. India’s Hindalco Industries (NSE:HALC) shares fell over 1.5%%, while Hindustan Copper (NSE:HCPR) dropped nearly 3%.
In Australia, copper-heavy name BHP Group (ASX:BHP) fell 0.7%, while Sandfire Resources (ASX:SFR) shares declined more than 3% amid concerns over export disruption.
Australia’s mining subindex S&P/ASX 300 Metals & Mining declined 1.5%.
Chinese miners Jiangxi Copper (HK:0358) and Zijin Mining Group (HK:2899) lost 2.8% and 3.5% respectively.
