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| TABLE 1 | |||||||||||
| SALIENT COPPER STATISTICS1 | |||||||||||
| (Metric tons, unless otherwise specified) | |||||||||||
| 2010 | 2011 | 2012 | 2013 | 2014 | |||||||
| United States: | |||||||||||
| Mine production: | |||||||||||
| Ore concentrated | thousand metric tons | 160,000 | 187,000 | 180,000 | 172,000 | 175,000 | |||||
| Average yield of concentrated ore | percent | 0.41 | 0.34 | 0.36 | 0.40 | 0.47 | |||||
| Recoverable copper: | |||||||||||
| Arizona | 703,000 | 751,000 | 763,000 | 795,000 | 893,000 | ||||||
| Other States | 406,000 | 362,000 | 404,000 | 453,000 | 464,000 | ||||||
| Total | 1,110,000 | 1,110,000 | 1,170,000 | 1,250,000 | 1,360,000 | ||||||
| Total value | millions | $8,520 | $9,960 | $9,450 | $9,360 | $9,510 | |||||
| Smelter production: | |||||||||||
| Primary2 | 601,000 | 538,000 | 485,000 | 516,000 | 522,000 | ||||||
| Byproduct sulfuric acid, sulfur content | thousand metric tons | 704 | 679 | 545 | 574 | 439 | |||||
| Refinery production: | |||||||||||
| Primary materials: | |||||||||||
| Electrolytic from domestic ores | 606,000 | 545,000 | 491,000 | 518,000 | 535,000 | ||||||
| Electrolytic from foreign materials | 21,000 | -- | -- | -- | -- | ||||||
| Electrowon | 430,000 | 447,000 | 471,000 | 475,000 | 514,000 | ||||||
| Total | 1,060,000 | 992,000 | 962,000 | 993,000 | 1,050,000 | ||||||
| Secondary materials (scrap), electrolytic and fire refined | 37,700 | 37,300 | 39,400 | 46,900 | 46,000 | ||||||
| Total, refinery production | 1,090,000 | 1,030,000 | 1,000,000 | 1,040,000 | 1,090,000 | ||||||
| Secondary copper produced: | |||||||||||
| Recovered from new scrap | 642,000 | 649,000 | 642,000 | 630,000 | 672,000 | ||||||
| Recovered from old scrap | 143,000 | 153,000 | 164,000 | 166,000 | 173,000 | ||||||
| Total | 785,000 | 802,000 | 807,000 | 797,000 | r | 845,000 | |||||
| Copper sulfate production | 23,700 | 22,800 | 22,500 | 23,000 | 22,900 | ||||||
| Exports, refined | 78,300 | 40,400 | 169,000 | r | 111,000 | r | 127,000 | ||||
| Imports, refined | 605,000 | 670,000 | 630,000 | 734,000 | 620,000 | ||||||
| Stocks, December 31: | |||||||||||
| Blister and in-process material | 21,100 | 13,000 | 12,300 | 12,700 | 9,860 | ||||||
| Refined copper: | |||||||||||
| Refineries | 10,300 | 8,360 | 12,900 | 15,000 | 9,540 | ||||||
| Wire-rod mills | 19,700 | 24,000 | 28,100 | 32,600 | 42,000 | ||||||
| Brass mills | 6,400 | 6,850 | 6,540 | 6,710 | 7,710 | ||||||
| Other industry | 4,380 | 4,330 | 4,180 | 4,230 | 7,560 | ||||||
| COMEX | 58,600 | 79,800 | 64,100 | 15,000 | 24,200 | ||||||
| London Metal Exchange (LME), U.S. warehouses | 284,000 | 286,000 | 120,000 | 185,000 | 102,000 | ||||||
| Total | 384,000 | 409,000 | 236,000 | 258,000 | 193,000 | ||||||
| Consumption: | |||||||||||
| Refined copper, reported | 1,760,000 | 1,760,000 | 1,760,000 | 1,830,000 | 1,750,000 | ||||||
| Apparent consumption, primary refined and old scrap3 | 1,760,000 | 1,730,000 | 1,760,000 | r | 1,760,000 | r | 1,770,000 | ||||
| Price: | |||||||||||
| Producer, weighted average | cents per pound | 348.34 | 405.85 | 367.28 | 339.94 | 318.05 | |||||
| COMEX, first position | do. | 342.51 | 400.05 | 361.45 | 334.11 | 312.00 | |||||
| LME, Grade A cash | do. | 341.74 | 399.79 | 360.58 | 332.29 | 311.10 | |||||
| World, production: | |||||||||||
| Mine | thousand metric tons | 16,100 | 16,100 | 16,900 | 18,200 | r | 18,500 | ||||
| Smelter | do. | 15,600 | 15,900 | 16,100 | r | 17,100 | 17,900 | ||||
| Refinery | do. | 19,100 | 19,700 | 20,200 | 21,000 | 22,200 | |||||
| rRevised. do. Ditto. -- Zero. | |||||||||||
| 1Data are rounded to no more than three significant digits, except prices; may not add to totals shown. | |||||||||||
| 2May contain small amounts of scrap. | |||||||||||
| 3In 2010, 2011, 2012, 2013, and 2014, apparent consumption is calculated using general imports of 583,000 metric tons (t), 649,000 t, 628,000 t, | |||||||||||
| 729,000 t, and 614,000 t, respectively. | |||||||||||
Source: United States Geological Survey Mineral Resources Program
See also: Mineral commodity prices
