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| TABLE 1 | |||||||||||||
| SALIENT COPPER STATISTICS1 | |||||||||||||
| (Metric tons, copper, unless otherwise specified) | |||||||||||||
| 2001 | 2002 | 2003 | 2004 | 2005 | |||||||||
| United States: | |||||||||||||
| Production: | |||||||||||||
| Mine: | |||||||||||||
| Ore concentrated, gross weight | thousand metric tons | 148,000 | 104,000 | 114,000 | 139,000 | 154,000 | |||||||
| Average yield of copper2 | percent | 0.48 | 0.52 | 0.46 | 0.38 | 0.34 | |||||||
| Recoverable copper: | |||||||||||||
| Arizona | 879,000 | 767,000 | 741,000 | 723,000 | 690,000 | ||||||||
| Michigan, Montana, Utah | W� | W� | W | W | W | ||||||||
| New Mexico | 141,000 | 112,000 | 87,800 | 122,000 | 131,000 | ||||||||
| Other States | 318,000 | 263,000 | 287,000 | 312,000 | 319,000 | ||||||||
| Total | 1,340,000 | 1,140,000 | 1,120,000 | 1,160,000 | 1,140,000 | ||||||||
| Total value | millions | � | $2,270 | $1,910 | $2,100 | $3,420 | $4,360 | ||||||
| Smelter: | |||||||||||||
| Primary and secondary, gross weight | 919,000 | 683,000 | 539,000 | 542,000 | 523,000 | ||||||||
| Byproduct sulfuric acid, sulfur content | thousand metric tons | 813 | 695 | 590 | 600 | 575 | |||||||
| Refinery: | |||||||||||||
| Primary materials: | |||||||||||||
| Electrolytic from domestic ores | 808,000 | 725,000 | 532,000 | 531,000 | 524,000 | ||||||||
| Electrolytic from foreign materials | 192,000 | 116,000 | 130,000 | 140,000 | 130,000 | ||||||||
| Electrowon | 628,000 | 601,000 | r | 591,000 | 584,000 | 554,000 | |||||||
| Total | 1,630,000 | 1,440,000 | 1,250,000 | 1,260,000 | 1,210,000 | ||||||||
| Secondary materials (scrap), electrolytic and fire refined | 172,000 | 69,900 | 53,300 | 50,800 | 47,200 | ||||||||
| Total refinery | 1,800,000 | 1,510,000 | 1,310,000 | 1,310,000 | 1,260,000 | ||||||||
| Secondary copper: | |||||||||||||
| Recovered from new scrap | 833,000 | 840,000 | 737,000 | 774,000 | 769,000 | ||||||||
| Recovered from old scrap | 317,000 | 190,000 | 207,000 | 191,000 | 182,000 | ||||||||
| Total | 1,150,000 | 1,030,000 | 944,000 | 965,000 | 951,000 | ||||||||
| Copper sulfate, gross weight | 55,200 | 49,200 | 32,100 | 25,100 | 25,600 | ||||||||
| Exports: | |||||||||||||
| Refined | 22,500 | 26,600 | 93,300 | 118,000 | 39,500 | ||||||||
| Unmanufactured3 | 556,000 | 506,000 | 703,000 | 789,000 | 815,000 | ||||||||
| Imports: | |||||||||||||
| Refined | 991,000 | 927,000 | 882,000 | 807,000 | 1,000,000 | ||||||||
| Unmanufactured3 | 1,400,000 | 1,230,000 | 1,140,000 | 1,060,000 | 1,230,000 | ||||||||
| Stocks, December 31: | |||||||||||||
| Blister and in-process material | 98,000 | 44,400 | 56,800 | 51,400 | 44,300 | ||||||||
| Refined copper: | |||||||||||||
| Refineries | 28,600 | 11,700 | 12,100 | 10,400 | 8,190 | ||||||||
| Wire-rod mills | 37,600 | 23,000 | 29,700 | 20,300 | 20,400 | ||||||||
| Brass mills | 25,500 | 28,700 | 20,200 | 21,500 | 24,500 | ||||||||
| Other industry | 4,860 | 4,800 | 4,240 | 3,230 | 5,750 | ||||||||
| New York Commodity Exchange (COMEX) | 244,000 | 362,000 | 255,000 | 43,700 | 6,180 | ||||||||
| London Metal Exchange (LME), U.S. warehouses | 617,000 | 601,000 | 335,000 | 35,000 | 800 | ||||||||
| Total | 957,000 | 1,030,000 | 656,000 | 134,000 | 65,900 | ||||||||
| Consumption: | |||||||||||||
| Refined copper, reported | 2,620,000 | 2,370,000 | 2,290,000 | 2,410,000 | 2,270,000 | ||||||||
| Apparent consumption, primary refined and old scrap4 | 2,510,000 | 2,610,000 | 2,430,000 | 2,550,000 | 2,400,000 | ||||||||
| Price: | |||||||||||||
| Producer, weighted average | cents per pound | 76.85 | 75.80 | 85.25 | 133.94 | 173.49 | |||||||
| COMEX, first position | do. | 72.57 | 71.67 | 81.05 | 128.97 | 168.23 | |||||||
| LME, Grade A cash | do. | 71.57 | 70.72 | 80.68 | 129.96 | 166.84 | |||||||
| See footnotes at end of table. | |||||||||||||
| TABLE 1�Continued | |||||||||||||
| SALIENT COPPER STATISTICS1 | |||||||||||||
| (Metric tons, copper, unless otherwise specified) | |||||||||||||
| 2001 | 2002 | 2003 | 2004 | 2005 | |||||||||
| World, production: | |||||||||||||
| Mine | thousand metric tons | 13,700 | r | 13,700 | r | 13,700 | r | 14,700 | r | 15,100 | e | ||
| Smelter, gross weight | do. | 12,700 | r | 12,500 | r | 12,700 | r | 12,800 | r | 13,500 | e | ||
| Refinery | do. | 15,700 | r | 15,500 | r | 15,300 | r | 15,900 | r | 16,600 | |||
| eEstimated. rRevised.� W Withheld to avoid disclosing company proprietary data; included in "Other States." | |||||||||||||
| 1Data are rounded to no more than three significant digits, except prices; may not add to totals shown. | |||||||||||||
| 2Yield calculations are for concentrated ore only. | |||||||||||||
| 3Includes copper content of alloy scrap. | |||||||||||||
| 4In 2001, 2002, 2003, 2004, and 2005, apparent consumption is calculated using general imports of 1,200,000 metric tons (t) , 1,060,000 t, 687,000 t, | |||||||||||||
| 704,000 t, and 977,000 t, respectively. | |||||||||||||
Source: United States Geological Survey Mineral Resources Program