In this article, we will list the 5 Best Copper Stocks to Buy for the AI and Electrification Boom. Please visit 10 Best Copper Stocks to Buy for the AI and Electrification Boom if you’d like to see an extended list and the methodology behind it.
5. Teck Resources Limited (NYSE:TECK)
Short Percentage of Float: 1.76
Teck Resources Limited (NYSE:TECK) is one of the best copper stocks to buy for the AI and electrification boom. The company’s freshest relevant angle is tied to the planned Anglo-Teck merger. On May 18, 2026, Reuters reported that Anglo American agreed to sell its Australian steelmaking coal assets for up to $3.88 billion, a move aimed at simplifying the company and reducing debt ahead of its planned combination with Teck. The sale keeps investor attention on Anglo American’s portfolio reset before the merger closes.
For Teck investors, the update matters because the proposed combination would make copper the center of the future company’s investment case. Teck and Anglo American have said the combined Anglo Teck would become a top-five global copper producer and is expected to offer investors more than 70% exposure to copper. That gives Teck a cleaner link to electrification, grid expansion, and AI-related power demand, even without a direct data-center customer angle.
Teck Resources Limited (NYSE:TECK) is a Vancouver-based resource company with copper and zinc operations across North and South America and a copper growth pipeline.
4. Southern Copper Corporation (NYSE:SCCO)
Short Percentage of Float: 1.45
Southern Copper Corporation (NYSE:SCCO) is one of the best copper stocks to buy for the AI and electrification boom. The company’s latest usable update came on May 18, 2026, when it published its 1Q26 production and capex guidance presentation. The update keeps Southern Copper’s scale at the center of the investment case, with the company expecting 2026 copper production of 915,400 tonnes, above its prior planned target of 911,400 tonnes.
That matters for a copper-themed list because Southern Copper is not just a price-taker riding metal momentum; it has one of the largest production bases among publicly traded copper miners. In its Q1 filing, the company said copper accounted for 70.2% of first-quarter revenue, while net sales rose 36.2% year over year to $4.25 billion. Copper mine production still declined 4.0% year over year due to lower grades at several operations, so the stock’s story is a mix of scale, pricing leverage, and execution risk rather than clean operational acceleration.
Southern Copper Corporation (NYSE:SCCO) is a Phoenix-based mining company producing copper, molybdenum, silver, and zinc, with major operations in Peru and Mexico.
3. Rio Tinto Group (NYSE:RIO)
Short Percentage of Float: 0.98
Rio Tinto Group (NYSE:RIO) is one of the best copper stocks to buy for the AI and electrification boom. The company’s freshest copper-growth angle is tied to Los Azules, one of the world’s largest undeveloped copper deposits. On May 11, 2026, Reuters reported that McEwen Copper had signed an agreement with an international financial institution to manage a $2.4 billion loan package for Los Azules, while talks continued with Rio Tinto and other industrial groups for the equity portion of the project’s financing.
Rio already holds a 17.2% stake in McEwen Copper through Nuton, and Reuters had reported days earlier that the company was evaluating whether to increase that position. The project is being assessed with Rio’s Nuton leaching technology, giving the company another possible copper growth path as demand from data centers, electrification, and clean energy infrastructure rises. Rio also has a direct AI infrastructure link through its January collaboration with Amazon Web Services to supply Nuton copper for AWS data-center components.
Rio Tinto Group (NYSE:RIO) is a global mining and materials company producing iron ore, copper, aluminum, lithium, and other minerals across major mining regions.
2. BHP Group Limited (NYSE:BHP)
Short Percentage of Float: 0.61
BHP Group Limited (NYSE:BHP) is one of the best copper stocks to buy for the AI and electrification boom. On June 3, 2026, BHP said it was collaborating with Microsoft and Prescience Insilico to accelerate the discovery of advanced copper leaching solutions. The project uses Microsoft Discovery, high-performance computing, and AI agents to screen molecules that could improve copper extraction from ore. BHP said the team screened more than half a million molecules and used tens of thousands of quantum chemistry calculations and simulations before narrowing candidates for laboratory testing in Australia.
The update is relevant because BHP is trying to grow copper supply from existing operations as new deposits become harder and more expensive to develop. The company said it is the world’s largest copper producer and has increased copper production by around 30% since 2021. In its May 12 Bank of America conference update, BHP also said its copper business is expected to grow around 5% per year on average, with attributable copper production rising to about 2 million tonnes per year by 2035.
BHP Group Limited (NYSE:BHP) is a Melbourne-based global resources company producing copper, iron ore, metallurgical coal, potash, and other commodities.
1. Glencore plc (OTC:GLNCY)
Short Percentage of Float: 0.01
Glencore plc (OTC:GLNCY) is one of the best copper stocks to buy for the AI and electrification boom. The company’s freshest investor-relevant angle came on May 26, 2026, when Reuters Breakingviews argued that Rio Tinto could still have strategic reasons to revisit a merger with Glencore after earlier merger talks collapsed. The analysis pointed to Glencore’s copper assets and development pipeline as a major reason the company could remain attractive, especially as demand from AI, electric vehicles, and the energy transition continues to put pressure on future copper supply.
Glencore’s own production data gives the copper angle more weight. In its April 30 first-quarter production report, the company said own-sourced copper production rose 19% year over year to 199,600 tonnes, driven mainly by improved grades at its African copper operations and higher throughput and grades at Antamina. Glencore does not have a direct data-center supply story, but its copper production, trading scale, and longer-term copper growth ambitions make it relevant to the broader electrification and AI power infrastructure theme.
Glencore plc (OTC:GLNCY) is a Switzerland-based mining and commodities trading company with exposure to copper, cobalt, zinc, nickel, coal, and energy products.
While we acknowledge the potential of GLNCY to grow, our conviction lies in the belief that some other AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than GLNCY and that has 100x upside potential, check out our report about the cheapest AI stock.
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