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Isabel Armiento
Isabel Armiento works as an investment writer for Investor's Digest newspaper and writes freelance for other publications, such as This magazine and Poynter. She holds a master's of English literature from the University of Toronto, where she worked as a student journalist for four years, and currently serves as the blog news editor for Canadian feminist magazine Shameless.
3 Biggest Cobalt Stocks on the ASX in 2022
Cobalt prices are on the rise, spurred by surging electric vehicle (EV) sales. EVs require lithium-ion batteries to run, and each battery could contain up to 15 kilograms of cobalt.
This means that as demand for EVs increases, so will demand for cobalt — and, as one of the top three cobalt-producing countries in the world, Australia finds itself in a position to capitalise on this demand.
About 65 percent of cobalt output worldwide comes from the Democratic Republic of Congo (DRC), and that number is set to rise, as per the World Bank. However, Australia is proving to be a solid global contender; though it is only responsible for 5 percent the world’s cobalt output, it holds about 16 percent of cobalt reserves.
Moreover, while the DRC’s labour and mining practices are often unethical and unsustainable, Australian miners are focused on developing safer, more environmentally friendly alternatives.
Cobalt could prove to be a promising market for Australia, with the metal’s price skyrocketing, rising about 135 percent from the start of 2021 to March 7, 2022. The bulk of its rise came in 2021, but the metal is still up more than 7 percent year-to-date. This is perhaps unsurprising when considering that EV sales hit a whopping 5.6 million units in 2021 — a 168 percent increase from the year before.
Read on to learn about the top three Australian cobalt companies on the ASX, ranked by market cap. All market cap and share price information was obtained on January 6, 2022, using TradingView's stock screener.
1. Jervois Global
Market cap: AU$910.68 million; current share price: AU$0.54
Jervois Global (ASX:JRV) is focused on producing battery minerals, with a specific emphasis on cobalt. It expects that mass EV adoption over the next few decades will transform the cobalt industry intro a robust, thriving market.
The company boasts operations worldwide, but is currently on track to become the only cobalt miner in the US. It continued construction on its Idaho cobalt operations throughout 2021, and management expects first ore will commence in August 2022, with commercial production by December 2022.
2. Cobalt Blue Holdings
Market cap: AU$144.71 million; current share price: AU$0.49
Cobalt Blue Holdings (ASX:COB) focuses solely on cobalt and is enthusiastic about the metal’s ethical and environmental potential within the renewable energy market. The company owns the New South Wales-based Broken Hill project, a cobalt asset that it says adheres to Australian labour and sustainability standards.
Late last November, the government of New South Wales announced its Critical Minerals and High-tech Metals Strategy, which will promote exploration and development of “critical minerals,” including cobalt. According to the strategy, global demand for cobalt is set to see a 300 percent boost by 2035, making it a covetable resource. With the Broken Hill project recently de-risked, the future looks bright for Cobalt Blue Holdings.
3. Australian Mines
Market cap: AU$83.92 million; current share price: AU$0.19
Australian Mines (ASX:AUZ) is focused on battery minerals for the booming EV market. Most notably, the company is aiming to produce nickel and cobalt at its fully owned, Queensland-based flagship Sconi project.
Australian Mines boasts two other projects: its New South Wales-based Flemington project, which has cobalt, scandium, nickel, copper and gold, and its Western Australia-based Lennard project, which has nickel sulphide.
Don’t forget to follow us @INN_Australia for real-time updates!
Securities Disclosure: I, Isabel Armiento, currently hold no direct investment interest in any company mentioned in this article.
The three largest cobalt stocks on the ASX by market cap are Jervois Global, Cobalt Blue Holdings and Australian Mines.
Battery Metals in Australia
The energy sector is shifting away from carbon-based fuels and toward renewable alternatives, with the electric vehicle (EV) boom being an especially salient example of this trend.
This means battery metals, which are used for a variety of renewable energy ventures, including lithium-ion batteries, are quickly becoming critical raw materials.
Investors have likely already heard about lithium and cobalt, darlings of the EV industry, but other common battery metals include graphite, vanadium and manganese. Lithium is a soft, silver-coloured metal that is most notably used in the lithium-ion batteries used to power EVs. Australia is currently the world’s largest supplier of this popular metal, positioning the country as a major player in the renewable energy sector.
Cobalt, graphite and manganese are also part of the ever-growing lithium-ion battery market, while vanadium can be used to create vanadium redox batteries, a promising alternative to lithium-ion batteries.
Read on to learn why battery metals represent a growing investment opportunity, and to find out about the important role Australia plays in the global battery metals landscape.
Battery metals in Australia: A promising investment opportunity
It’s common thinking among investors that as the world continues to gain awareness of the benefits of renewable energy, including lower greenhouse gas emissions, the market for battery metals will balloon. Over the past few years, more and more governments have committed to net-zero emissions targets and all-EV production, meaning that demand for battery metals is likely to continue rising for years to come.
Rystad Energy, an independent energy research intelligence company, forecasts that the price of lithium will rise by 50 percent over the next year. Similarly, S&P Market Intelligence predicts that in 2022, demand for cobalt will rise nearly 48 percent as compared to 2020 levels.
While it might seem like countries such as the Democratic Republic of Congo (DRC) and China have cornered the market for battery metals production, Australia presents a great opportunity for investors. From its top position in the lithium market, to its up-and-comer status in cobalt and vanadium mining, Australia is a formidable contender.
Battery metals in Australia: Catalysts for lithium, cobalt and more
While battery metals exist as a group and are largely expected to be buoyed by EV demand, they each have their own individual drivers and characteristics that investors should know about.
For example, the lithium market is predicted to soar, with EV sales as the primary catalyst. In 2021, lithium prices spiked by a staggering 437 percent, a trend likely to continue into 2022 as demand outstrips supply. Other key catalysts could include the performance of top lithium miners, such as US-based Albemarle (NYSE:ALB), China's Ganfeng Lithium (OTC Pink:GNENF,SZSE:002460) and Australia-based Pilbara Minerals (ASX:PLS,OTC Pink:PILBF).
Much like lithium, cobalt’s value is contingent on the EV market’s success. After seeing its price double in 2021, the blue metal is likely to continue capitalising on the global push toward greener energy. Graphite, too, is largely dependent on the renewable energy market, as it used to make both solar panels and EV batteries. Geopolitical factors could also affect graphite’s valuation, as China accounts for about 70 percent of production worldwide.
Vanadium, another China-dominated metal, is used to manufacture steel, particularly for the construction industry. Going into 2022, vanadium production will likely continue to be driven by the demand for steel, including in the thriving aerospace industry. However, the battery market is likely to account for more vanadium demand over the next few years as vanadium redox batteries gain traction.
Like vanadium, the manganese market is largely propelled by the demand for steel, with 90 percent of manganese output used to make ferroalloys. Only 10 percent is used to create more specialised alloys, such as manganese sulphite monohydrate and electrolytic manganese metal, but since these alloys can be used to manufacture lithium-ion batteries, this rate is likely to rise in coming years.
Battery metals in Australia: Opportunities to invest in the market
Although the production of many battery metals is dominated by Chinese mining companies, Australia has gained a solid foothold in the battery market, creating investment possibilities across the gamut.
Australia is the world’s top producer of lithium, and is home to the world’s largest lithium mine, Greenbushes. The Western Australia-based asset is majority controlled by a joint venture between China’s Tianqi Lithium (SZSE:002466) and Australia’s IGO (ASX:IGO,OTC Pink:IIDDY). The joint venture owns a 51 percent stake in Talison Lithium, which runs the mine, while Albemarle owns the other 49 percent stake in Talison.
Two of the key Australian lithium miners produce significant amounts of spodumene concentrate, an important source of lithium. They are Mineral Resources (ASX:MIN,OTC Pink:MALRF), owner of the Mount Marion lithium project, which boasts annual production of around 450,000 tonnes of spodumene concentrate, and Pilbara Minerals with its Pilgangoora lithium-tantalum project, producing around 330,000 tonnes of it per year.
When it comes to cobalt, recent top performers in Australia are Jervois Global (ASX:JRV,OTCQX:JRVMF), Australian Mines (ASX:AUZ) and Cobalt Blue Holdings (ASX:COB). Currently, the DRC accounts for about 65 percent of all cobalt production, but Australia is fast emerging as a viable competitor. Plus, while labour abuses abound in the DRC, Australia presents a more sustainable and ethical alternative.
For those interested in graphite in Australia, Renascor Resources (ASX:RNU) recently received a AU$185 million loan facility from the federal government to support the development of its Siviour graphite project, while EcoGraf (ASX:EGR,OTCQX:ECGFF) received the remaining AU$54 million for its anode facility.
Meanwhile, investors interested in vanadium could consider looking to Australian Vanadium (ASX:AVL), which updated its prefeasibility study in late 2020, as well as Neometals (ASX:NMT) and Atlantic (ASX:ATI), which own the Barrambie and Windimurra projects, respectively.
Australia is the world’s third largest producer of manganese, so this battery metal is another top pick for shrewd investors. The country’s top manganese-mining companies include South32 (ASX:S32,OTC Pink:SHTLF) and OM Holdings (ASX:OMH,OTCQX:OMHI).
Don’t forget to follow us @INN_Australia for real-time updates!
Securities Disclosure: I, Isabel Armiento, hold no direct investment interest in any company mentioned in this article.
The electric vehicle revolution is spurring global interest in battery metals. Find out what the landscape looks like in Australia and how to invest in this growing market.
5 Top ASX Nickel Stocks
Nickel is a diverse metal that is critical for both industry and technology.
While this lustrous, silvery base metal has historically been used to produce alloys such as stainless steel, its battery applications have become a major focus. Nickel is used to produce lithium-ion batteries, an essential component of electric vehicles (EVs) — a booming market that is sure to continue growing in the next decade.
Nickel prices rose steadily in 2021, soaring above US$20,000 per tonne as demand shot up after a period of decline in 2020. Analyst predictions for how the global nickel space will fare in 2022 are mixed, but in general stainless steel should continue driving the market, with nickel’s battery applications ramping up as EV sales accelerate.
Investors interested in nickel might look to Australia, the country that boasts the largest reserves of the metal worldwide. Read on to learn about the top five nickel companies on the ASX, ranked by market capitalization. All data was obtained on January 12, 2022, using TradingView's stock screener.
1. Independence Group
Market cap: AU$8.85 billion; current share price: AU$12
IGO (ASX:IGO) is a diversified miner that produces several different metals, but its focus is on its 100 percent owned Nova nickel-copper-cobalt project. Nova is based in Western Australia's Fraser Range and primarily produces nickel, with output of 30,436 tonnes of nickel in 2020 and 2021 guidance of 27,000 to 29,000 tonnes.
IGO is currently in talks to acquire Western Areas (ASX:WSA), another top Australian nickel-mining company, for AU$3.36 per share, which equates to AU$1.1 billion.
2. Nickel Mines
Market cap: AU$3.66 billion; current share price: AU$1.55
New South Wales-based Nickel Mines (ASX:NIC) produces nickel pig iron, a critical component in the manufacturing of stainless steel. The company is invested in several nickel-mining operations, with 80 percent interests in the Hengjaya nickel project, Ranger nickel project, Angel nickel project and Hengjaya Mineralindo nickel mine.
In December 2021, the company entered into an agreement to acquire 70 percent of Shanghai Decent’s Oracle nickel project. This project has the capacity for annual production of 36,000 tonnes of nickel, and the acquisition is set to be completed sometime in early 2022.
3. Western Areas
Market cap: AU$1.09 billion; current share price: AU$3.40
Western Areas (ASX:WSA) has several nickel-mining operations across Western Australia, such as its flagship Forrestania nickel project, which produces between 22,000 and 25,000 tonnes of nickel ore per year. The company's other nickel-focused assets include the Flying Fox and Odysseus nickel mines.
As mentioned, news hit in December 2021 that IGO plans to acquire Western Areas. The acquisition is still pending approval from Western Areas shareholders, but IGO expects it will be completed by April 2022.
4. Mincor Resources
Market cap: AU$864.56 million; current share price: AU$1.86
Mincor Resources (ASX:MCR) is set to commence nickel production at its Western Australia-based Kambalda nickel operations beginning in the first quarter of 2022. The company is also continuing to develop its Cassini nickel mine, as well as the Durkin North and Long projects at its Northern operations.
In mid-December 2021, Mincor Resources announced the extraction of the first ore at Durkin North, a positive sign that the project is on track for nickel production. Moreover, the ore was found about 36 metres ahead of the target site, suggesting that there may be another orebody to discover.
5. Panoramic Resources
Market cap: AU$553.75 million; current share price: AU$0.27
Perth-based base metals mining and exploration company Panoramic Resources (ASX:PAN) suspended operations at its 100 percent owned Savannah nickel sulphide mine in 2020, citing operational and pandemic-related issues as reasons for the closure. In April 2021, the company announced that it would be reopening Savannah.
In late December 2021, Savannah successfully completed its first shipment, which consisted of 10,865 tonnes of nickel-copper-cobalt to be delivered to Jinchuan Group International Resources (OTC Pink:JGRRF,HKEX:2362) for payment of AU$20.4 million. A second shipment is expected for February 2022.
This is an updated version of an article first published by the Investing News Network in 2018.
Don’t forget to follow us @INN_Australia for real-time updates!
Securities Disclosure: I, Isabel Armiento, hold no direct investment interest in any company mentioned in this article.
Nickel is shaping up to be a vital metal in the age of technology. Here's a look at the five top ASX nickel-mining stocks by market cap.
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Table of Contents
- Australia Mining Trends 2021: Green Energy Transition Gains Attention
- Australia Mining Outlook 2022: Energy Shift to Bring Opportunities for Investors
- 5 Top Australian Stocks in Mining
A Sneak Peek At What The Experts Are Saying
“Australia has the opportunity to be a green energy powerhouse if it has the political will and foresight, endowed with vast reserves of lithium, nickel, copper, rare earths, uranium and plenty of wind and sun to drive renewable energy production.”
— David Franklyn, Argonaut
“Industrial metal prices will continue to rise, supported by lack of supply and rising demand as the globe continues to recover and restrictions lift. With copper and aluminium stock already running low, development could send prices back towards — and potentially above — the record levels seen last year. Commodities and energy stocks will likely remain the best performers — they are so far in 2022.”
— Jessica Amir, Saxo
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At the same time, not a single word of the content we choose for you is paid for by any company or investment advisor: We choose our content based solely on its informational and educational value to you, the investor.
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Best Cobalt Stocks on the ASX
Cobalt prices have soared this past year, with investors paying more attention to this battery metal.
A large reason for cobalt’s bullish behaviour is that it is used to manufacture lithium-ion batteries, which power electric vehicles (EVs) — as demand for EVs continues to rise, it's likely cobalt demand will remain strong too.
Currently the future of EVs looks bright — the market is growing quickly and is expected to boom over the next decade. In the first half of 2021 alone, EV sales ballooned by 160 percent, and by the end of the year, a total of 15 countries had announced measures to begin transitioning toward an all-electric future.
The three top cobalt-producing countries worldwide are the Democratic Republic of Congo, Russia and Australia — the last of which is investing in ramping up its production of the metal.
With that in mind, which Australian cobalt miners gained the most value in 2021? Read on to learn more about the three best cobalt companies on the ASX by year-to-date share price gains. All information was obtained on December 30, 2021, using TradingView's stock screener.
1. Jervois Global
Year-to-date gain: 63.89 percent; current share price: AU$0.59
Jervois Global (ASX:JRV) is best known for its Finland operations, which produce cobalt for chemical, catalyst, pigment, powder metallurgy and — most significantly — battery applications. The company is currently in the process of launching its new Idaho Cobalt Operations (ICO) and is on track to become the first US cobalt miner.
On December 15, Jervois announced an update on ICO, saying first ore is expected in August 2022, with sustainable production expected by December 2022. The estimated capital expenditure required to stay on schedule has risen to US$99.1 million, up from US$92.6 million, with mine engineering 64 percent complete.
2. Cobalt Blue Holdings
Year-to-date gain: 177.78 percent; current share price: AU$0.50
Cobalt Blue Holdings (ASX:COB) is a rare cobalt-only company, and defines itself by its planned ethical and sustainable extraction and production processes. The firm's flagship New South Wales-based Broken Hill project is slated to produce an average of 3,500 to 3,600 tonnes per year of cobalt once in operation.
In December 2021, Cobalt Blue Holdings announced it has executed a memorandum of understanding with the State of Queensland, acting through the Department of Resources, to assess opportunities for the recovery of cobalt (as well as any coexisting base and precious metals) from mine waste.
3. Australian Mines
Year-to-date gain: 31.25 percent; current share price: AU$0.21
Australian Mines (ASX:AUZ) is aiming to supply metals to the growing EV industry, with a focus on ethical and sustainable production. Its flagship Queensland-based Sconi nickel-cobalt project boasts a mine life of over 30 years and will be capable of processing 2 million tonnes of ore annually.
In late October, Australian Mines reported on its quarterly activities, including an agreement for Korea-based LG Energy Solution, a top global producer of EV batteries, to buy 100 percent of the Sconi project’s nickel-cobalt hydroxide output over an initial six year term. The future agreement indicates that LG Energy Solution will buy a projected 7,000 tonnes of cobalt from Australian Mines over the six year period.
Don’t forget to follow us @INN_Australia for real-time updates!
Securities Disclosure: I, Isabel Armiento, hold no direct investment interest in any company mentioned in this article.
Looking for the best-performing cobalt stocks on the ASX? Here's a look at the three top gainers of 2021.
5 Top Australian Gold Stocks
Australia is the fourth largest producer of gold worldwide, and this past year has brought ups and downs for the commodity. The precious metal hit its 2021 high point early on and fell soon after.
Lately, gold has been resting at a strong price of around US$1,800 per ounce, and it seems like it will exit the year that way. It may even be in for a serious price hike if inflationary pressures continue on their current trajectory.
Read on to learn more about Australia’s five top gold companies by market cap. All market cap and share price information was obtained on November 25, 2021, using TradingView's stock screener.
1. Newcrest Mining
Market cap: AU$19.54 billion; current share price: AU$24.14
Newcrest Mining (ASX:NCM) operates a portfolio of gold mines across Australia, Canada and Papua New Guinea. These include its New South Wales-based Cadia mine and its Western Australia-based Telfer and Havieron mines.
In November 2021, Newcrest agreed to purchase British Columbia-based Pretium Resources (TSX:PVG,NYSE:PVG) for C$3.5 billion, marking the company’s expansion into Western Canada.
2. Kirkland Lake Gold
Market cap: AU$14.57 billion; current share price: AU$54.99
Kirkland Lake Gold (ASX:KLA) has mining operations in Australia and Canada, both of which are low-risk, gold-rich countries. The company’s Fosterville mine is based in Victoria, Australia, and as of December 31, 2018, its mineral reserves stood at 2.7 million ounces. It produced 640,467 ounces in 2020.
In September 2021, Kirkland Lake Gold and Agnico Eagle Mines (TSX:AEM,NYSE:AEM), a Canadian gold miner, announced a “merger of equals." The new company will go by the name Agnico Eagle Mines, and the companies expect the transaction to close in late 2021 or early 2022.
3. AngloGold Ashanti
Market cap: AU$12.43 billion; current share price: AU$5.83
AngloGold Ashanti (ASX:AGG) is a global gold miner formed in 2004. It has two Australia-based operations, both of which are based in Western Australia’s northeastern goldfields: Sunrise Dam and Tropicana. Sunrise Dam is 100 percent owned, while Tropicana is 70 percent owned, with the remaining 30 percent owned by Regis Resources (ASX:RRL,OTC Pink:RGRNF). In 2020, these operations produced 554,000 ounces of gold.
In Q3 2021, AngloGold Ashanti reported total gold production of 613,000 ounces at a total cash cost of US$927 per ounce. This represents a 5 percent quarter-over-quarter increase in production, though a year-to-date decrease.
4. Northern Star Resources
Market cap: AU$11.39 billion; current share price: AU$9.66
Northern Star Resources (ASX:NST) is an Australian gold-mining company with projects throughout Western Australia and North America at its Kalgoorlie, Yandal and Pogo production centres. In the 2021 fiscal year, Northern Star experienced a 40 percent revenue increase and a 10 percent cash earnings hike.
In late November 2021, Northern Star announced an agreement to buy Newmont Australia’s power business for US$95 million. The company paid US$25 million for the option to purchase this business, an opportunity it was given through its recent 50 percent acquisition of Kalgoorlie Consolidated Gold Mines.
5. Evolution Mining
Market cap: AU$7.53 billion; current share price: AU$4.12
Australian gold miner Evolution Mining (ASX:EVN) has projects throughout New South Wales, Queensland and Western Australia, as well as in Ontario, Canada. Evolution Mining produced 680,788 ounces of gold in the 2021 fiscal year at an all-in sustaining cost of AU$1,215 per ounce.
In 2019, Evolution Mining became one of only two Australian gold companies to be included in the Dow Jones Sustainability Index (INDEXDJX:W1SGI). In 2020 and 2021, the company made several strategic acquisitions and divestments, including its high-value purchases of the Red Lake and the Kundana operations.
This is an updated version of an article originally published by the Investing News Network in 2018.
Don’t forget to follow us @INN_Australia for real-time updates!
Securities Disclosure: I, Isabel Armiento, hold no direct investment interest in any company mentioned in this article.
There are many big Australian gold stocks, but these are the five top companies in the sector by market cap.
5 Top ASX Copper Stocks
Last year, pandemic restrictions forced copper mines to shut down across the world, driving down global production and causing the 10 largest copper-mining companies to suffer dramatic losses.
But in 2021, copper hit an all-time high of US$10,700 per tonne, and stayed over US$9,000 for much of the year.
The three top copper-producing countries globally are Chile, Peru and China, with Australia coming in at number six. Still, there are plenty of untapped resources in the land down under, and Australia is making a name for itself as an up-and-coming producer of this important base metal.
Read on to learn more about the top five Australian copper companies on the ASX, ranked by market cap. All market cap and share price information was obtained on November 26, 2021, from TradingView.
1. BHP
Market cap: AU$192.56 billion; current share price: AU$38.03
BHP (ASX:BHP) is a top global producer of copper, nickel, potash, iron ore and metallurgical coal, with copper production centralised at its South Australia-based Olympic Dam mine.
The company, whose headquarters are in Melbourne, Australia, emphasises copper’s function in renewable energy systems and the metal’s critical role in reducing carbon dioxide emissions.
Recently, BHP has focused its attention on its energy assets. In late November, the company merged its oil and gas portfolio with Woodside Petroleum, a deal that was originally struck in August of the same year. On the mineral side of its operations, BHP was looking to acquire Noront Resources (TSXV:NOT,OTC Pink:NOSOF), a Canada-based nickel, copper, chrome and platinum company, but decided not to match a superior offer.
2. OZ Minerals
Market cap: AU$8.77 billion; current share price: AU$25.70
OZ Minerals (ASX:OZL) is a South Australia-based copper-mining company founded in 2008. Its operations include the Carrapateena project, where construction was completed in 2019, and the upcoming Malu underground mine, which was commissioned in 2015.
In a November press release, OZ Minerals reported a year-to-date 5 percent increase in group ore reserve copper metal tonnes. In its third quarter results, the company reported guidance of between 120,000 and 145,000 tonnes of copper for the year.
3. Sandfire Resources
Market cap: AU$2.59 billion; current share price: AU$6.11
Sandfire Resources (ASX:SFR) owns 7,189 square kilometres in the Bryah Basin region of Western Australia, including its DeGrussa and Monty operations. Both of these are 100 percent owned and produce copper and gold.
The company released its third quarter results in October, reporting total copper production of 15,946 tonnes. Sandfire expects output of between 64,000 and 68,000 tonnes of copper in 2022.
4. 29Metals
Market cap: AU$1.29 billion; current share price: AU$2.63
Australia-based mining company 29Metals (ASX:29M) has the Golden Grove mine in Western Australia and the Capricorn copper mine in Queensland, along with several promising new growth opportunities lined up. 29Metals focuses on copper production, though it also mines for zinc, gold and silver.
According to an October release from the company, production was weaker than expected at Golden Grove during the September quarter. However, the asset's quarter-on-quarter decline of about 10 percent was largely offset by a strong performance at Capricorn.
5. Copper Mountain Mining
Market cap: AU$804.96 million; current share price: AU$3.81
Copper Mountain Mining (ASX:C6C) is a Canadian and Australian copper miner, with its flagship Copper Mountain operation in British Columbia, Canada, and its Eva and Cameron copper projects in Queensland, Australia.
In the third quarter, Copper Mountain Mining reported total output of 22.4 million pounds of copper at its Copper Mountain mine, representing a 12.1 percent quarter-over-quarter decline in production. The company still reported positive cash flow, with strong construction and exploration gains made at its Eva and Cameron projects.
This is an updated version of an article first published by the Investing News Network in 2018.
Don’t forget to follow us @INN_Australia for real-time updates!
Securities Disclosure: I, Isabel Armiento, hold no direct investment interest in any company mentioned in this article.
What are the largest Australian copper companies? These five ASX copper stocks are the biggest on the exchange by market cap.
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