After a 1.4% growth in 2022, US copper production is expected to remain flat in 2023 with 0.4% growth to 1,252.5kt in 2023, owing mainly to the lower throughput from Rio Tinto's Kennecott project. This will be due to the failure of conveyor belt in March 2023 that links the project to the concentrator, and the project works with lower throughput rates till Q3 2023.
Looking ahead, US copper mine production is expected to grow at a forecast-period CAGR of 5.6% to reach 1,754.8kt in 2030. Several projects are scheduled to commence during this period including Pebble (2027), Florence Copper (2025), Copperwood (2026), White Pine North (2028) and Black Butte Copper Property (2025).
Scope
The report contains an overview of US' copper mining industry including key demand driving factors. It provides detailed information on reserves, production in the US, production by company, major operating mines, competitive landscape, major exploration and development projects. The report also provide information on the US' mining taxes and royalties.Reasons to Buy
- To analyse copper mining trends in the US, relevant driving factors
- To track the latest developments in copper mining industry
- To identify major active, exploration and development projects
- To analyse upcoming project developments in the mining industry
- To understand historical and forecast trend on the US copper production
- To identify key players in the US copper mining industry
Table of Contents
- Overview
- Copper Reserves
- US Copper Production
- Copper Price
- Major Active Mines
- Major Development Projects
- Major Exploration Projects
- Competitive Landscape
- Demand and Trade
- Mining Taxes and Royalties
- Appendix
- Abbreviation
- Likelihood
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Freeport-McMoRan
- Grupo Mexico and Rio Tinto