US Copper Mining to 2035
Description
US Copper Mining to 2035
Summary
GlobalData's US Copper Mining to 2035 provides a comprehensive coverage on the US copper mining industry. It provides historical and forecast data on US production, reserves by country, and world copper prices. The report also includes a demand drivers section providing information on factors that are affecting the country’s copper industry such as demand from end use sectors. It further profiles major copper producers, information on the major active, planned and exploration projects.
The US’ copper production is expected to remain largely stable in 2025 at 1,077.7 thousand tonnes (kt), reflecting a relatively flat, 1.7% year-on-year growth (y-o-y) compared to 2024. The limited growth is mainly attributed to planned lower production from major operations such as the Kennecott Copper Project and the Phoenix Mine. At Kennecott, wholly owned by Rio Tinto, a scheduled maintenance shutdown at its concentrator and smelter during the third quarter of 2025 temporarily reduced output. However, production is expected to rebound in 2026 with the commencement of underground operations at the North Rim Skarn (NRS) area of the Kennecott Copper Project.
Looking ahead, the US copper output is forecast to grow at a CAGR of 7.2% between 2025 and 2035, reaching approximately 2,158kt by 2035. This long-term growth will be underpinned by the commissioning of several projects, including the CK Gold Project, Antler Mine, Tamarack, and MacArthur, among others, which will collectively contribute to strengthening the country’s supply resilience and meeting rising domestic and global copper demand.
Scope
Summary
GlobalData's US Copper Mining to 2035 provides a comprehensive coverage on the US copper mining industry. It provides historical and forecast data on US production, reserves by country, and world copper prices. The report also includes a demand drivers section providing information on factors that are affecting the country’s copper industry such as demand from end use sectors. It further profiles major copper producers, information on the major active, planned and exploration projects.
The US’ copper production is expected to remain largely stable in 2025 at 1,077.7 thousand tonnes (kt), reflecting a relatively flat, 1.7% year-on-year growth (y-o-y) compared to 2024. The limited growth is mainly attributed to planned lower production from major operations such as the Kennecott Copper Project and the Phoenix Mine. At Kennecott, wholly owned by Rio Tinto, a scheduled maintenance shutdown at its concentrator and smelter during the third quarter of 2025 temporarily reduced output. However, production is expected to rebound in 2026 with the commencement of underground operations at the North Rim Skarn (NRS) area of the Kennecott Copper Project.
Looking ahead, the US copper output is forecast to grow at a CAGR of 7.2% between 2025 and 2035, reaching approximately 2,158kt by 2035. This long-term growth will be underpinned by the commissioning of several projects, including the CK Gold Project, Antler Mine, Tamarack, and MacArthur, among others, which will collectively contribute to strengthening the country’s supply resilience and meeting rising domestic and global copper demand.
Scope
- The report contains an overview of the US copper mining industry including key demand driving factors affecting the US copper mining industry. It provides detailed information on reserves, reserves by country, production, competitive landscape, major operating mines, major exploration, and development projects.
- To gain an understanding of the US copper mining industry, relevant driving factors
- To understand historical and forecast trend on US copper production
- To identify key players in the US copper mining industry
- To identify major active, exploration and development projects in US
Table of Contents
62 Pages
- Overview
- Reserves
- Copper production
- Copper prices
- Active mines
- Major development projects
- Major exploration projects
- Competitive landscape
- Demand and trade
- Mining taxes and royalties
- Appendix
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