Top 5 ASX Copper Stocks of 2025
Copper prices have been volatile in 2025 as the market was impacted by geopolitical events shifting supply and demand fundamentals.
Overall prices have been on an upward trajectory throughout the year as demand growth accelerates on the back of the development of artificial intelligence, the growing need for data centres, and the energy transition.
However, the increased demand comes amid significant disruptions to supply that include the closure of portions of two of the world’s largest copper mines, Ivanhoe Mines’ (TSX:IVN,OTCQX:IVPAF) Kamoa-Kakula copper complex in the Democratic Republic of the Congo and Freeport-McMoRan’s (NYSE:FCX) Grasberg copper-gold mine in Indonesia.
Against that backdrop, the top ASX copper stocks have put on impressive year-to-date share price performances.
The list below outlines the best-performing copper stocks on the ASX, and was generated on December 9, 2025, using TradingView’s stock screener. Copper stocks with market caps above AU$10 million at that time were considered.
Year-to-date gain: 625 percent
Market cap: AU$78.87 million
Share price: AU$0.058
AusQuest is a mineral exploration company with polymetallic projects in Australia and Peru.
In Australia, the company has a strategic alliance agreement with South32 (ASX:S32) that encompasses base metal projects across Western Australia and South Australia.
Shares of AusQuest started the year trading at AU$0.008, and soared after the company announced a major large-scale porphyry copper-gold discovery at Cangallo during its maiden drill campaign on the property on January 23. For example, hole CANRC001 returned an interval of 348 metres grading 0.26 percent copper and 0.06 parts per million (ppm) gold from 6 metres, including 26 metres at 0.36 percent copper and 0.07 ppm gold.
The company’s share price reached AU$0.043 by January 28, and jumped even higher to AU$0.057 on February 6 after further drill results confirmed the significance of the porphyry copper-gold discovery at Cangallo.
AusQuest spent much of the year exploring several of its properties. In addition to its significant focus on work at Cangallo following the success of its maiden campaign in January, the company also drilled its Balladonia, Morrisey and Mount Davis projects in Western Australia and performed an induced polarisation survey at the Coober Pedy project in South Australia.
The most recent update from the Cangallo project came on December 2, when AusQuest reported the commencement of its Stage 3 drilling campaign.
The exploration program will consist of more than 6,000 meters of reverse circulation drilling and is designed to expand on the first two stages while also locating the centre of the porphyry system. Drilling is expected to take four to six weeks, with assays expected approximately four weeks after the program concludes.
Then, on December 5, AusQuest announced that it had received firm commitments for a placement of 212.8 million…
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