Copper requirement continues to rise as a price increase
Chief Operating Director Clayton Walker for the Copper Product Group of Rio Tinto, the United States needs more copper mine and production
Herriman, Utah – Demand for copper in the United States has been doubled in the next 10 years – but the lack of production to satisfy this requirement in case of steps to reduce restrictions in new mines.
President Donald Trump On Thursday, America hopes to change this after signing an executive order to increase mineral production.
“The United States has extensive mineral sources that can significantly reduce our businesses, fuel and trust in foreign nations,” the United States will significantly reduce our trust. ” “The United States was once the world's largest profitable mineral manufacturer, but the fatal regulation of the federal regulation exceeded the mineral production of our nation.”
Bingham Canyon Mine, known as Kennecott copper mine in Utah. (Rio Tinto / Fox News)
Priority projects will be paid to minerals such as order Copper, uranium, potash and gold, between others. This is a pleasant news for the copper industry of the nation fighting to compete with more comfortable mining rules of other countries.
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“We need to create more mine. Here are some sources in the United States and online,” Clayton Walker, Misin Coo in Rio Tinto, the world's second largest mining company. “It is a critical way to produce only to re-produce these raw materials, in fact, making this raw material and enjoy consumers.
Rio Tinto has been trying to open a new copper culture in Arizona for 17 years, the resolution copper mine doublets. Authorities say that the mining can give up to 20% of the demand. However, in these years, including land rights and environmental concerns are also found.
“The problem in the United States is about 29 years to get a mine. Therefore, because I see the right one and we have the highest standards in the world, and I have something for that.” “But this is a little faster to bring these mines online, we need to find a way to say, 29 years.”
Bingham Canyon Mine, known as Kennecott copper mine in Utah. (Rio Tinto / Fox News)
One way of the permission process can be accelerated: Add copper to the list of critical minerals.
Is determined by a critical mineral Energy Department Like, “Defines the non-fuel mineral, element, item, item or material determined by the Energy Secretary: (i) there is a risk of violating the high supply chain;
To add copper to the list, reduced restrictions Copper production, Rio Tinto and other companies can open new copper mine faster in the United States
Copper cable wrap is followed by a factory worker. ((Photo by Denis Charlet / AFP via Getty Images) / Getty Images)
“I think we must make a copper like a mineral. It does not be on the list, and it is not in the list and avoids these sources of this valuable metal from obtaining these sources.” “I think we've got a few big standards. We can do it better here everywhere. We must make it a little faster.”
Rio Tinto's Kennecott cultural in the west of Salt Lake is the world's largest open mine, 2.5 miles and about 4,000 feet. When I was 120 years old, Mine produced more copper than the others.
Bingham Canyon Mine, known as Kennecott copper mine in Utah. (Photo Deagostini / Getty Images / Getty Images)
“Kennecott's history keeps me here. I just admire it. I just admire with him. Twenty-five percent of the allies used in World War II said, Nate Foster, Kennecott's managing director. “Allies do not win World War II without Kennecott.”
Kennecott also has a difference of being one of the only two places that can be one of the only two places in the country, which can correct and refine your copper. In comparison, China is more than 50 copper bitch. This means that most of the Missing Missing in the United States is sent to other countries to be elegant.
“Currently, in fact, exports 400,000 tons of concentrates per year, which is sent to other countries and in another form, another form is sent in another form,” he said.
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Kennecott Smelter is an engineering staff – 1215 feet, the world's fourth tallest chimney in the world.
“The presence of one of our people in the whole world is in fact, it is quite unique,” he said. “And really, we can really help us continue to process the processing plant with a very strategic asset … We invest in America …
Kennecott 365 days is a 24-hour operation. Ninety-seven large loaders who can carry 360 tons in a single load, the night and night to produce 120,000 tons of copper ore a year in the country.
Kennecott Copper, Utah, Salt Lake City, Mining Cultural outside Utah. (Getty Images / A Pictures / Universal Images Group) via Getty Images)
The operation is all at home. After mining and crushed, the ore paves the conferent with a conveyor pipeline 5 miles. Then it turned into a clamp and turned into a husband pipeline. It becomes a 700-pound copper plate from the smelter. After spending time in an electrolyte bath, two 300 pounds of copper tiles – 99.99% pure copper.
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“This is the highest quality you will find in the United States,” Foster said. “And When you look at the amount of waste that are not in the United States, when we look at the highest environmental standards, other parts of the world should not meet the same standards. So we are proud of this. “
Threatened by adding Trump 25% tariff This is a complex issue for companies such as Rio Tinto, which can be a BOON for copper mine in the United States, which is 47% of the copper used in the United States.
“We are working hard with management to be part of this solution. If you look at the fare of the tariffs, all of this said, “he said,” he said.
