Jul. 30 at 9:27 PM
$TECK
The United States cannot currently produce all the copper it consumes and is heavily reliant on imports. While the U.S. has significant copper reserves, domestic production only covers about half of its needs. The rest is imported, mainly from Chile, Canada, and Peru, according to the National Mining Association. This reliance is expected to continue for the foreseeable future due to various factors, including long permitting timelines for new mines and limited smelting capacity.
