US Copper Mining to 2030 (2024 Update)

US Copper Mining to 2030 (2024 Update)

US Copper Mining to 2030 (2024 Update)

Summary

GlobalData's ""US Copper Mining to 2030"" provides a comprehensive coverage on the US copper mining industry. It provides historical and forecast data on US production, reserves by country, and world copper prices. The report also includes a demand drivers section providing information on factors that are affecting the country’s copper industry such as demand from end use sectors. It further profiles major copper producers, information on the major active, planned and exploration projects.

Following an 8.3% decline in 2023, US copper supply is expected to increase by 4.0% in 2024 to 1,172.8 thousand tonnes (kt). This growth will be primarily supported by expected increase in production from the Robinson mine as mining moved to a more copper-rich zone. Furthermore, in the first quarter of 2024, the Robinson mine produced 14.3kt of copper, up from 7.6kt in the same period of 2023. This increase is mainly due to higher recovery rates, greater copper content in the ore, and increased ore extraction.

Looking ahead, the country’s copper output is expected to grow by a forecast period (2025-30) CAGR of 7.2% reach 1,714.5kt in 2030, supported by the start of several projects including the Arctic and Copper Flat (2027), White Pine North and Zonia (2028), Cumo, Copper Creek and Van Dyke projects (2029).

Scope

• The report contains an overview of the US copper mining industry including key demand driving factors affecting the US copper mining industry. It provides detailed information on reserves, reserves by country, production, competitive landscape, major operating mines, major exploration, and development projects.

Reasons to Buy

• Gain insights into historical and projected copper production, reserves, and global prices.
• Identify the end-use sectors shaping the US copper industry.
• Make informed strategic decisions based on comprehensive data and expert analysis.
• Identify major copper producers and stay ahead of the curve.
• Get details on major active, planned, and exploration projects in the US.
• To get an in-depth analysis of production obstacles.
• Understand the predicted growth in copper production and its drivers.
• Gain insights into this major contributor to the US copper output.
• Evaluate investment opportunities in the US copper industry.
• Develop effective policies for the mining sector.