Elementum Physical Copper ETC

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About Copper

Copper is a relatively common element in earth’s crust, however only a small fraction is commercially recoverable. Most copper is mined or extracted as copper sulphides ores such as chalcopyrite, bomite, covellite and chalcocite, from large open pit mines deposits that contain 0.4% -1.0% copper. Copper can also be found in small amounts as the native metal.

Copper has a vast array of applications spanning many market sectors. Data from Bloomberg Intelligence suggests that approximately 30% of copper demand is for the construction industry, another 30% is consumed by the equipment sector, 15% is consumed in infrastructure, 13% is consumed by the transportation sector and 12% is consumed by the industrial sector.

Cash Value

Shares Outstanding

Total AUM


ETC Overview
Base CurrencyUSD
Currency HedgedNo
Metals LendingNo
Physical DeliveryNo
Underlying ExposurePhysically backed with allocated metal subject to LME rules for Good Delivery
Vault/Warehouse InspectorInspectorate International
Vault/Warehouse LocationThe Netherlands
Cash Value and AUM24 Jun 2022
Cash Value per ETC Security$8.2082
Daily Change$-0.2951
Daily Return-3.47%
Total AUM of ETC$1,510,727.42
Shares Outstanding184,051
Metal/Index Quantity182.44 tonnes
Metal/Index Entitlement0.0009912680
(0.001 at launch)
Metal/Index Price$8,280.50
Replication MethodPhysical - metal backed
Legal FormDebt Security
Legal StructureETC
Further Legal and Tax Information
ISA & SIPPEligible
Sharia CompliantNo
Securities RegulatorCentral Bank of Ireland
UCITS EligibleEligible
UK Reporting StatusYes
Key Service Providers
CustodianAtomyze AG
TrusteeApex Corporate Trustees (UK) Limited
IssuerElementum Metals Securities plc
RegistrarThe Bank of New York Mellon, SA/NV
Total Expense Ratio0.85%
Entry / Exit FeesNone when traded on Exchange
Passported Countries
Austria Belgium
Denmark Finland
Germany Italy
Liechtenstein Luxembourg
The Netherlands Norway
Sweden United Kingdom

Listings & Codes

Country Exchange Trading Currency Exchange Ticker ISIN SEDOL WKN Bloomberg Ticker Settlement Period Reuters Instrument Code Listing Date
Italy Borsa Italiana EUR TCOP XS2314659447 TCOP IM T+2 TCOP.MI 17/06/2021
UK LSE USD TCOP XS2314659447 BMYLVM1 TCOP LN T+2 TCOP.L 17/06/2021
UK LSE GBX TCUS XS2314659447 BMYLVL0 TCUS LN T+2 TCUS.L 17/06/2021
Switzerland SIX CHF TCOP XS2314659447 112161508 TCOP SW T+2 TCOP.S 29/07/2021
Germany Xetra EUR 0IIE XS2314659447 A3GQ0Q 0IIE GY T+2 0IIEG.DE 26/08/2021


1m -11.81%
3m -19.20%
6m -13.95%
1 Year-12.03%
2 YearN/A
1m -11.75%
3m -19.03%
6m -13.58%
1 Year-11.28%
2 Year38.34%

Underlying Holdings

Spot metal specifications

Index NameSpot Copper LME specifications
Index ProviderLME
Index Constituent Count1
Bloomberg TickerLOCADY
Reuters Index TickerMCU2A0
Index Websitehttps://www.lme.com


Final Terms

Factsheets and Reports




Other Documents

Metal List

Authorised Participants

Flow Traders B.V.
Jacob Bontiusplaats 9
1018 LL Amsterdam
the Netherlands

Website: https://www.flowtraders.com
Email: fit@flowtraders.com
Phone: +31 20799 6777 / +44 20 39864000

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5 Greenwich View Pl
London E14 9NN
United Kingdom

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Phone: +44 20 73903301

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United Kingdom

Website: https://www.janestreet.com
Phone: +44 20 3787 3200