Demand for copper continues to rise because prices for boom

Herrman, Utah – the demand for copper in the United States intends to double in the next 10 years – but there is not enough production in the country to meet this demand unless measures are taken to facilitate restrictions on new mines.

President Donald Trump I hope that Thursday hopes to change this after signing the executive order to increase the American production of minerals.

“The United States has huge mineral resources that can create jobs, fuel and significantly reduce our dependence on foreign countries,” the manner said. “Once the United States was the world’s largest manufacturers of profitable minerals, but the federal regulation was opened by the production of minerals of our country.”

Bingama canyon mine, also known as the copper mine Kennecot, in Utah. (Rio Tinto / Fox News)

The order will focus on priority projects for minerals such as copper, uranium, potassium and gold, Among others. This is the desired news for the copper industry of the country, which fights for competition with the more calm rules of mining of other countries.

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“We need to create more min. Open some of the resources we have here in the US and bring them online,” Clayton Walker, copper director in Rio, the second largest mining company in the world. “It then nourishes production, people who actually take this raw material and turn it into something useful that consumers can enjoy. So I feel it just a critical way to prepare production again in the US, it all starts with this raw material.”

Rio Tint tried to open a new copper mine in Arizona for 17 years, called “Copper Mine”. Officials say the mine can provide as much as 20% of demand. But for many years he has encountered checkpoints, including land rights and environmental problems.

“The task we have now in the US is about 29 years old to get the mine. And so I’m doing everything right. And I think we have a few best standards and the highest standards in the world and I am all for that,” Walker said. “But we must find out the way to bring these mines on the Internet a little faster than, say, 29 years.”

Bingama canyon mine, also known as the copper mine Kennecot, in Utah. (Rio Tinto / Fox News)

One way to resolve can be accelerated: adding copper to a critical mineral.

A critical mineral is determined Department of Energy Like, “any fuel mineral, element, substance or material determined by the Energy Secretary: (I) has a high risk of supply chain disorders; and (II) performs an important function in one or more energy technologies, including technologies that produce, transmit and store energy.”

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Adding copper to the list to facilitate restrictions on Production of copper, This means that in the US in the US can faster open new copper mines

The copper cable is controlled by the plant employee. ((Photo Denis Charlet / AFP via Getty Images) / Getty Images)

“I think we need to do copper as a critical mineral. Not having it on the list, it hurts us and prevent this precious metal from receiving the right resources,” Walker added. “I think we have some great standards. We can do it better here than anywhere. We just need to do it a little faster.”

Kennecot School Rio-Tinto, west of Salt-Lek City, is the largest open-up of an open-up loaf in the world, covering 2.5 miles in depth and about 4,000 feet. In more than 120 years, the mine produced more copper than any other on the planet.

Bingham Canyon mine, also known as Kennecott Mine, in Utah. (Photo Deagostini / Getty Images / Getty Images)

“The story of Kennekota is what keeps me here. I’m just very fond of this. Twenty-five percent of the metal used in the Second World War came from here,” said Kennekota, director of Foster. “Allies do not win World War II without pellets.”

Kennecott is also different in that it is one of the two places in the country that can get, smell and clarify your own copper. In comparison, In China over 50 copper Merry. This means that most of the copper mined in the US is sent to other countries.

“We now (US) actually exports more than 400,000 tons of concentrate a year that goes to other countries to be treated and then go to us in a different form,” Walker says.

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Kennecott is an engineering diva-in 1215 feet, this is the fourth most sore chimney in the world.

“The fact that we have one of the cleanest factories around the world makes it actually quite unique,” Foster added. “And where we really think we are well placed with a very strategic asset with our melting and refineries to be able to help continue … invest in America.”

Kennecott is 365-day, 24-hour operation per day. Ninety -seven large transportation capable of transporting 360 tons for one load, working day and night to extract about 120,000 tons of copper ore a year, which accounts for 20% copper produced in the country.

Copper Show Kennekotta outside Salt -Leik -Sity, Utah. (Planet One Images / Universal Images Group via Getty Images / Getty Images)

The operation was done properly. After extraction and crushed, the ore breaks through the 5-kilometer conveyor. Then it turned into a nozzle and a pipe into a melting. From the melting it becomes a 700-pound copper slab. After spending time in a bath with electrolyte, it becomes two 300-kilogram copper plates-99.99% of pure copper.

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“This is the highest quality you are going to find anywhere in the US,” Foster said. “And If you look at the amount of emissions we do not have here in the US, because we produce some of the highest environmental standards, other plates around the world do not have to comply with these standards. So we are proud of it. ”

Trump threatened to add 25% tariff Imported copper, which accounts for 47% of copper used in the US, while it can become a good for American copper mines, this is a difficult problem for companies such as Rio Tinto, which works at mine worldwide.

“We work with the administration to become part of this decision. And if you look at how the tariffs work, it’s all about how you set them up and structure them, “Walker said.