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Related: About this forumReuters: Arizona's battle over crucial copper mine poised to sway US election
https://www.reuters.com/markets/commodities/arizonas-battle-over-crucial-copper-mine-poised-sway-us-election-2024-09-12/Arizona's battle over crucial copper mine poised to sway US election
By Ernest Scheyder
September 12, 2024 4:58 PM EDT
Sept 12 (Reuters) - Native American opposition to Rio Tinto and BHPs Resolution Copper mine could prove crucial for the 2024 U.S. presidential vote in the battleground state of Arizona, underscoring the high tension over where best to extract critical minerals for the energy transition.
The mine would, if built, supply more than a quarter of America's appetite for copper and be a key part of Washington's efforts to eat into China's role as the world's largest copper processor and consumer.
The U.S. imports nearly half of its copper needs, according to the U.S. Geological Survey, and its copper mine production has dipped 11% since 2021. There are only two domestic copper smelters.
Yet the underground Resolution mine would cause a massive crater that would swallow a religious site where Arizona's San Carlos Apache worship. That has fueled strong opposition from all but one of the state's 22 Native American tribes, as well as the National Congress of American Indians.
By Ernest Scheyder
September 12, 2024 4:58 PM EDT
Sept 12 (Reuters) - Native American opposition to Rio Tinto and BHPs Resolution Copper mine could prove crucial for the 2024 U.S. presidential vote in the battleground state of Arizona, underscoring the high tension over where best to extract critical minerals for the energy transition.
The mine would, if built, supply more than a quarter of America's appetite for copper and be a key part of Washington's efforts to eat into China's role as the world's largest copper processor and consumer.
The U.S. imports nearly half of its copper needs, according to the U.S. Geological Survey, and its copper mine production has dipped 11% since 2021. There are only two domestic copper smelters.
Yet the underground Resolution mine would cause a massive crater that would swallow a religious site where Arizona's San Carlos Apache worship. That has fueled strong opposition from all but one of the state's 22 Native American tribes, as well as the National Congress of American Indians.
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Reuters: Arizona's battle over crucial copper mine poised to sway US election (Original Post)
OKIsItJustMe
Sep 13
OP
speak easy
(10,512 posts)1. Theworlds largest procure of copper is Chile not China.
OKIsItJustMe
(20,769 posts)2. Chile produces the most copper ore
But, thats not what the article is talking about.
https://nationalinterest.org/feature/china%E2%80%99s-pursuit-copper-changing-latin-america-210171
April 1, 2024
Chinas Pursuit of Copper Is Changing Latin America
Copper mining has always been a highly competitive industry, and the geopolitical imperatives surrounding its production are thickening.
by Scott B. MacDonald Alejandro Trenchi
Copper is one of the worlds most useful industrial metals. If you tear open any mobile phone, laptop, solar panel, wind turbine, or electric vehicle (EV), you will find it. Without copper, there can be no green revolution. While demand for the reddish metal is set to rise, potential disruptions could also put upward pressure on prices, favoring the worlds leading producers, Chile and Peru. However, China is looking to play a more significant role in the production and refining of copper, which will change the economic landscape for the two South American countries and the United States. The geopolitical implications are also significant as China gains greater weight in critical materials, casting a long shadow over American plans to transition from fossil fuels to alternative energy.
In February 2024, China approved a $2.4 billion plan to expand the Julong copper mine in the Qinhai-Tibet Plateau. Operated by the Zijin Mining Group, the project would give the Asian country the worlds largest copper mine. It is expected to start operations by year-end 2025 and will help secure Chinas position as the worlds leader in copper refining.
Chinas Pursuit of Copper Is Changing Latin America
Copper mining has always been a highly competitive industry, and the geopolitical imperatives surrounding its production are thickening.
by Scott B. MacDonald Alejandro Trenchi
Copper is one of the worlds most useful industrial metals. If you tear open any mobile phone, laptop, solar panel, wind turbine, or electric vehicle (EV), you will find it. Without copper, there can be no green revolution. While demand for the reddish metal is set to rise, potential disruptions could also put upward pressure on prices, favoring the worlds leading producers, Chile and Peru. However, China is looking to play a more significant role in the production and refining of copper, which will change the economic landscape for the two South American countries and the United States. The geopolitical implications are also significant as China gains greater weight in critical materials, casting a long shadow over American plans to transition from fossil fuels to alternative energy.
In February 2024, China approved a $2.4 billion plan to expand the Julong copper mine in the Qinhai-Tibet Plateau. Operated by the Zijin Mining Group, the project would give the Asian country the worlds largest copper mine. It is expected to start operations by year-end 2025 and will help secure Chinas position as the worlds leader in copper refining.