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| TABLE 1 | |||||||||||||
| SALIENT COPPER STATISTICS1 | |||||||||||||
| (Metric tons, unless otherwise specified) | |||||||||||||
| 2002 | 2003 | 2004 | 2005 | 2006 | |||||||||
| United States: | |||||||||||||
| Mine production: | |||||||||||||
| Ore concentrated | thousand metric tons | 104,000 | 114,000 | 139,000 | 154,000 | 163,000 | |||||||
| Average yield of concentrated ore | percent | 0.52 | 0.46 | 0.38 | 0.34 | 0.37 | |||||||
| �� Recoverable copper: | |||||||||||||
| �� Arizona | 767,000 | 741,000 | 723,000 | 690,000 | 712,000 | ||||||||
| �� New Mexico | 112,000 | 87,800 | 122,000 | 131,000 | 113,000 | ||||||||
| �� Other States | 263,000 | 287,000 | 312,000 | 319,000 | 372,000 | ||||||||
| �� Total | 1,140,000 | 1,120,000 | 1,160,000 | 1,140,000 | 1,200,000 | ||||||||
| �� Total value | millions | � | $1,910 | $2,100 | $3,420 | $4,360 | $8,310 | ||||||
| Smelter production, primary and secondary | 683,000 | 539,000 | 542,000 | 523,000 | 501,000 | ||||||||
| Byproduct sulfuric acid, sulfur content | thousand metric tons | 695 | 590 | 600 | 575 | 576 | e | ||||||
| Refinery production: | |||||||||||||
| Primary materials: | |||||||||||||
| Electrolytic from domestic ores | 725,000 | 532,000 | 531,000 | 524,000 | 531,000 | ||||||||
| Electrolytic from foreign materials | 116,000 | 130,000 | 140,000 | 130,000 | 144,000 | ||||||||
| Electrowon | 601,000 | 591,000 | 584,000 | 554,000 | 530,000 | ||||||||
| Total | 1,440,000 | 1,250,000 | 1,260,000 | 1,210,000 | 1,210,000 | ||||||||
| Secondary materials (scrap), electrolytic and fire refined | 69,900 | 53,300 | 50,800 | 47,200 | 44,800 | ||||||||
| ��� Grand total | 1,510,000 | 1,310,000 | 1,310,000 | 1,260,000 | 1,250,000 | ||||||||
| Secondary copper produced: | |||||||||||||
| Recovered from new scrap | 840,000 | 737,000 | 774,000 | 769,000 | 819,000 | ||||||||
| Recovered from old scrap | 190,000 | 207,000 | 191,000 | 183,000 | r | 150,000 | |||||||
| Total | 1,030,000 | 944,000 | 965,000 | 953,000 | r | 968,000 | |||||||
| Copper sulfate production | 49,200 | 32,100 | 25,100 | 25,600 | 19,500 | ||||||||
| Exports, refined | 26,600 | 93,300 | 118,000 | 39,500 | 106,000 | ||||||||
| Imports, refined | 927,000 | 882,000 | 807,000 | 1,000,000 | 1,070,000 | ||||||||
| Stocks, December 31: | |||||||||||||
| Blister and in-process material | 44,400 | 56,800 | 51,400 | 44,300 | 18,800 | ||||||||
| Refined copper: | |||||||||||||
| Refineries | 11,700 | 12,100 | 10,400 | 8,190 | 28,100 | ||||||||
| Wire-rod mills | 23,000 | 29,700 | 20,300 | 20,400 | 21,500 | ||||||||
| Brass mills | 28,700 | 20,200 | 21,500 | 24,500 | 34,500 | ||||||||
| Other industry | 4,800 | 4,240 | 3,230 | 5,750 | 5,750 | ||||||||
| New York Commodity Exchange (COMEX) | 362,000 | 255,000 | 43,700 | 6,180 | 30,900 | ||||||||
| London Metal Exchange (LME), U.S. warehouses | 601,000 | 335,000 | 35,000 | 800 | 75,600 | ||||||||
| Total | 1,030,000 | 656,000 | 134,000 | 65,900 | 196,000 | ||||||||
| Consumption: | |||||||||||||
| Refined copper, reported | 2,370,000 | 2,290,000 | 2,410,000 | 2,270,000 | 2,110,000 | ||||||||
| Apparent consumption, primary refined and old scrap2 | 2,610,000 | 2,430,000 | 2,550,000 | 2,400,000 | 2,190,000 | ||||||||
| Price: | |||||||||||||
| Producer, weighted average | cents per pound | 75.80 | 85.25 | 133.94 | 173.49 | 314.75 | |||||||
| COMEX, first position | do. | 71.67 | 81.05 | 128.97 | 168.23 | 308.94 | |||||||
| LME, Grade A cash | do. | 70.72 | 80.68 | 129.96 | 166.84 | 304.85 | |||||||
| World, production: | |||||||||||||
| Mine | thousand metric tons | 13,600 | r | 13,800 | r | 14,700 | 15,000 | r | 15,100 | e | |||
| Smelter | do. | 12,600 | r | 12,700 | 12,900 | r | 13,600 | r | 14,100 | e | |||
| Refinery | do. | 15,600 | r | 15,300 | 16,000 | r | 16,600 | 17,400 | |||||
| eEstimated. rRevised.� | |||||||||||||
| 1Data are rounded to no more than three significant digits, except prices; may not add to totals shown. | |||||||||||||
| 2In 2002, 2003, 2004, 2005, and 2006, apparent consumption is calculated using general imports of 1,060,000 metric tons, 687,000 tons, | |||||||||||||
| �704,000 tons, 977,000 tons, and 1,070,000 tons, respectively. | |||||||||||||
Source: United States Geological Survey Mineral Resources Program