What's the Next US Copper Mine? 27 Copper Projects to Watch
2025-04-23 16:45:00 ET
Companies with upcoming copper mines in the US could be poised to benefit from tailwinds in the sector, including copper supply deficits and the new administration promising to cut "red tape" for critical minerals projects.
Copper demand is climbing quickly in recent years because of the rapid urbanization of the global south as well as the developing energy transition sectors. However, current copper mines are increasing in age and there is a lack of new copper mines to replace them, both due to limited greenfield exploration and long permitting times.
This has put the world's copper supply in a difficult situation, and experts expect to see deficits begin to emerge in 2025.
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