ASX copper shares have been firing on the back of a rising copper price as the energy transition gets fully underway.
The market's largest pure-play copper share, Sandfire Resources Ltd (ASX: SFR), is up 75% over the past 12 months.
Meantime, shares in the world's largest copper producer, BHP Group Ltd (ASX: BHP), have lifted 25% over the same period.
In 2025, the copper price rose by 42%.
Last month, the red metal hit a new record above US$6.30 per pound before retreating to the high US$5 range this month.
Here are 2 ASX copper shares that are buy rated by the experts.
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True North Copper Ltd (ASX: TNC)
The True North Copper share price closed at 49 cents on Friday, up 19.5% over the past year.
True North's flagship asset is the Mount Oxide exploration project, which has copper, silver, and cobalt deposits.
The current JORC mineral resource estimate (MRE) is 220 kt of copper, 5.13 Moz of silver, and 21.2 kt of cobalt.
True North Copper also owns the Cloncurry Copper Project and provided an MRE update last week.
The copper resource estimate increased 7% to 109 kt Cu and the gold resource estimate lifted 9% to 84 koz Au.
True North Copper said:
The updated MRE's provide a current technical baseline to support ongoing Cloncurry Copper Project Pre-Feasibility (PFS) study work, including evaluation of future development options and underground potential.
Morgans has a buy rating on this ASX copper share with a 12-month target of $1.20.
This suggests a possible 145% capital gain over the next year.
Aeris Resources Ltd (ASX: AIS)
The Aeris Resources share price closed at 51 cents on Friday, up 240% over 12 months.
After Aeris released its 2Q FY26 report on 29 January, Morgans maintained its accumulate rating.
The broker also lifted its 12-month price target from 60 to 70 cents.
Since then, Aeris has announced new drilling results and the acquisition of Peel Mining Ltd (ASX: PEX).
This will give Aeris ownership of Peel's South Cobar Copper Project, comprising the Mallee Bull and Wirlong mines.
Aeris Resources said the deal represented "a highly synergistic combination" of its Tritton mine with Peel's South Cobar Project.
South Cobar has a contained MRE of 10.6Mt @ 1.85% Cu for 197kt of contained Cu and is within haulage distance of Tritton.
Peel intends to demerge its other Cobar assets into a new company.
Morgans upgraded its rating from accumulate to buy on the news, commenting:
AIS is acquiring Peel Mining's (PEX) South Cobar Copper Project, extending Tritton's resource base and supporting a credible 10+ year mine life.
Mallee Bull adds high-grade, largely indicated resources, improving production visibility and enabling stronger mill utilisation, lower unit costs and enhanced operating leverage from ~FY29.
Upgrade to BUY with a A$0.70ps target price, with the transaction strengthening Tritton's long-term outlook.
The price target suggests a potential 37% upside over the next year.
