BASE METALS

The US has enough existing copper mine supply

Macquarie note shows possible impact of tariffs

Copper cathodes loaded on a train in a copper mine ready to be delivered, Chile

Copper cathodes loaded on a train in a copper mine ready to be delivered, Chile | Credits: Jose Luis Stephens, Shutterstock

The US has enough existing copper mine supply to satisfy domestic demand for refined metals by 2031, providing that 900,000tpa of smelting capacity is constructed, a note from Macquarie said this morning....

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