26 August 2025

Continued growth in global demand for South Australia’s abundant copper resources helped drive the state’s mineral and energy exports to a record high last financial year. Emerging global trends suggest that this demand is set to accelerate even faster.

The Australian Bureau of Statistics has revealed that South Australia’s total copper exports increased 17.4%, to $4.36 billion in the 2024-25 financial year. As part of that total, the value of the state’s copper ores and concentrates was up nearly 30%, bringing in an additional $330.7 million in export value. Refined copper and copper products were up 12.2% or $316.1 million over the previous financial year.

The record comes as global demand for copper accelerates with trends towards renewable energy, data centres for artificial intelligence and electric vehicles. The needs of developing economies also add to demand for copper, being an integral component in the construction of new infrastructure.

This phenomenon is also reflected over the longer term: in the ten years to 2024-25 copper’s export value has grown 134%. In the same period, the volume of copper production increased 26%.

South Australia is home to almost 70% of Australia’s economic copper reserves, with major mines like Olympic Dam, Carrapateena and Prominent Hill.