Introduction
It has been a really good year for copper miners so far, with the copper price slightly up. With the wider Global X Copper Miners Index (COPX) up around 20% year-to-date it is clear many miners have been rewarded, though others are still waiting for surge. One company that falls in the latter category is ERO, a Brazil focused copper miner.
Expensive for New Mines to Enter The Industry
ERO right now is considered a strong investment opportunity because the company operates as a lo-cost producer in an industry facing high capital constraints and rising construction costs. As the cost to build new mines (often >$6 billion for 200k tonnes/year) makes large-scale projects difficult. With new mines having to be around 20,000-30,000 dollars per ton, while older copper mines having only around 4,000-7,000 a ton. ERO’s ability to produce at lower costs gives it a big comparative advantage to all the newer mines.
High Quality Copper
Based on recent 2025-2026 reports, Ero Copper Corp. (ERO) is considered a strong investment candidate largely due to its high-quality, high-grade copper assets in Brazil, which contribute to low operating costs and high-margin production. Ero operates in the Curaçá Valley (Bahia) and the new Tucumã (Pará) project, known for high-grade copper deposits. The high grade of the ore translates to lower C1 cash costs approximately $2/lb in Q3 2025, making the company profitable even during volatile market conditions.
Conclusion
In conclusion, ERO is a very strong pick to buy right now because of the growing price of copper, the huge expensive needed for new mines, and finally the high quality of copper that ERO mines.
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