In 2022, the Australian minerals sector contributed eight percent of the gross domestic product (GDP) and it is among the top five producers of key mineral commodities across the world. It was equally the fourth largest producer of Copper Ore in 2022 with $4.89 billion worth of exports after Chile ($22.8B), Peru ($13.5B), and Indonesia ($8.89B). Over the next two years, Copper demand is forecast to outstrip supply, coupled with mining supply disruptions. Rising demand for the metal to power the green transition and a weaker U.S. dollar in 2024 will support copper prices. As a major producer and exporter of Copper, we take a look at five mining stocks to watch in 2024. We select stocks with potential, whose share price will likely rise over the coming months, and have bright investment prospects due to value-for-money projects, allowing investors to benefit from a rally.Â