Regulatory Change for Copper in United States
US President issued an executive order to expedite permitting of copper production projects, affecting the regulatory environment.
United States trade
Market intelligence
US President issued an executive order to expedite permitting of copper production projects, affecting the regulatory environment.
U.S. tariff pledge on base metals, including copper, led to price declines, indicating potential future trade restrictions on copper.
Nevada Copper Corp. began producing copper at the underground Pumpkin Hollow Mine on December 16, 2019.
Maintenance shutdowns at two U.S. smelters, combined with the strike, caused a 7% drop in refined copper production in early December 2019.
Gunnison and Pumpkin Hollow copper projects were delayed and had not begun production by the end of November 2019.
Unionized workers at a U.S. mining company voted to strike on October 11, 2019, leading to a temporary closure of its smelter and refinery.
A worker strike at the ASARCO smelter and electrolytic refinery in October 2019 caused a temporary shutdown, cutting copper refining capacity.
The United States increased tariffs on copper cathodes from China to 25% in May 2019 due to trade negotiations.
A landslide early in 2019 disrupted operations at the Mission Mine in Arizona, reducing copper output.
Two maintenance shutdowns of the Rio Tinto smelter in 2019 reduced copper refining output in the United States.
Fatal accident at a smelter caused a 6-week suspension of operations in 2018.
Copper reserves were revised for the United States based on company data and government information.
Tariff for copper ores and concentrates increased to 1.7ยข/kg on lead content.
Tariff for refined copper and alloys set at 1.0% ad val.
Tariff for copper wire (rod) set at 1.0% or 3.0% ad val.
The United States imposed a 25% tariff on copper cathodes from China in August 2018 under section 301(b).
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