how much copper is produced each year

* Estimated. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. United States Mint All Rights Reserved. Annual U.S. copper consumption is 2 Mt; global consumption is 20 Mt. The themes on the reverses represented the four major aspects of Lincolns life. Total copper mine production worldwide from 2010 to 2022 (in million metric tons) [Graph]. TheUSGSdelivers unbiased science and information to understandmineral resource potential, production, consumption and howmineralsinteract with the environment. This would fit into a cube measuring about 890 meters on a side. statistic alerts) please log in with your personal account. Producing one tonne of aluminium from scratch results in an average of 17 tonnes of carbon emissions compared with the 0.6 tonnes emitted from secondary or recycled aluminium. to incorporate the statistic into your presentation at any time. Identified deposits contain an estimated 2.1 billion metric tons of additional copper, which brings the total amount of discovered copper to 2.8 billion metric tons. This would fit into a cube measuring about 430 meters on a side. Schwab Foundation for Social Entrepreneurship, Centre for the Fourth Industrial Revolution, Mining the Moon: How we can avoid conflict in the lunar gold rush, The periodic table is 150 years old but it could have looked very different. "Total Copper Mine Production Worldwide from 2010 to 2022 (in Million Metric Tons). Coming in 10th place is Mexico, whose copper production rate shimmied slightly higher in 2022 to reach 740,000 MT from 2021s total of 734,000 MT. Most copper occurs in ores in igneous (volcanic) rock and sedimentary rock. Around 4000 BC, bronze (an even harder alloy) was discovered by mixing copper with a small . Chile, the world's leading copper producer by far, produced an estimated 5.2 million metric tons of copper in 2022. For more details, review our .chakra .wef-12jlgmc{-webkit-transition:all 0.15s ease-out;transition:all 0.15s ease-out;cursor:pointer;-webkit-text-decoration:none;text-decoration:none;outline:none;color:inherit;font-weight:700;}.chakra .wef-12jlgmc:hover,.chakra .wef-12jlgmc[data-hover]{-webkit-text-decoration:underline;text-decoration:underline;}.chakra .wef-12jlgmc:focus,.chakra .wef-12jlgmc[data-focus]{box-shadow:0 0 0 3px rgba(168,203,251,0.5);}privacy policy. (Source: U.S. Geological Survey, Mineral Commodity Summaries, January 2022.) Copper is only second to silver when it comes to thermal and electrical conductivity. You only have access to basic statistics. , Feb 16, 2023 In 2022, the United States produced some 1.3 million metric tons of copper from mines. Rio Tinto's aluminum and copper production 2010-2022, Global volume of minerals required for selected energy technologies 2020, by type, Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022. It is now under construction and expected to come online in 2027. The ideal entry-level account for individual users. Mopani Copper Mines is another significant copper producer. * Estimated. EarthMRI can inform strategies to ensure secure and reliable domestic critical mineral supplies for the United St, Each mineral commodity chapter of the 2023 edition of the U.S. Geological Survey (USGS) Mineral Commodity Summaries (MCS) includes information on events, trends, and issues for each mineral commodity as well as discussions and tabular presentations on domestic industry structure, Government programs, tariffs, 5-year salient statistics, and world production, reserves, and resources. U.S.minesproducedapproximately$82.3 billion inmineralsin 2020 about$1.5billionlowerthanthe2019revisedtotal of $83.7 billionthe U.S. Geological SurveyannouncedFebruary 2. An official website of the United States government. Most of the countrys production comes from Arizona, New Mexico, Utah, Nevada, Montana, Michigan and Missouri; 17 of the 25 mines that processed copper accounted for 99 percent of the countrys mine production. The principal contributors to the total value of metalmineproduction in 2020were gold(38%), copper(27%), iron ore(15%)and zinc(6%). 12201 Sunrise Valley Drive Alongside mining costs, the U.S. production value of gold. How much E-Waste is Produced Each Year? To use individual functions (e.g., mark statistics as favourites, set A report by Mining Technology projects that the nations copper production should grow at a CAGR of 2.2 percent between 2022 and 2026 to reach more than 6.43 million MT as new projects come online. U.S. production of 12 mineral commodities was valued at more than $1 billion each in 2020. Top producing states for Copper in the U.S. are Arizona, Utah, New Mexico, Nevada, and Montana. A few points to keep in mind when considering this data: These figures are based on 'production' or 'territorial' emissions (i.e. Some mineral commodities can be recovered as byproducts during the production and processing of other. These were, in decreasing order of value: crushed stone,gold,cement, construction sand and gravel, copper,iron ore,industrial sand and gravel, salt,lime, phosphate rock,zincandsoda ash. This would fit into a cube measuring 680 meters on a side. According to the latest US Geological Survey data, global copper production reached 22 million metric tons (MT) in 2022. statistic alerts) please log in with your personal account. The most important key figures provide you with a compact summary of the topic of "Copper mining industry worldwide" and take you straight to the corresponding statistics. .chakra .wef-10kdnp0{margin-top:16px;margin-bottom:16px;line-height:1.388;}What is the World Economic Forum doing around the issue of deep-sea mining? How large is a lifetime supply of minerals for the average person? Silk offers a biodegradable alternative, is affecting economies, industries and global issues, with our crowdsourced digital platform to deliver impact at scale. Major countries in copper mine production worldwide in 2022 (in 1,000 metric tons) [Graph]. In fact, 98% of iron ore goes into steelmaking, with the rest fulfilling various other applications. This is slightly less than in previous years. What is the World Economic Forum doing around the issue of deep-sea mining? Are you interested in testing our business solutions? In 1900, more than 90% of emissions were produced in Europe or the US; even by 1950, they accounted for more than 85% of emissions each year. It is also estimated thatundiscoveredresources contain about 3.5 billion metric tons ofcopper, which would mean that there are roughly 6.3 billion metric tons ofcopperon Earth. You only have access to basic statistics. Access to this and all other statistics on 80,000 topics from, Show sources information Aluminum is the second most abundant metallic element in the Earth's crust after silicon, yet it is a comparatively new industrial metal that has been produced in commercial quantities for just over 100 years. Official websites use .gov That supply met 34% of the U.S. market's need for refined copper. Official websites use .gov Business Solutions including all features. Read on to find out which nations made the grade and what is driving each country's copper output. A .gov website belongs to an official government organization in the United States. Perus copper output growth is expected to outpace that of Chile, with Chinese investment playing an increasingly important role in Perus copper industry. Your trusted source for investing success, Top 10 Copper Producers by Country (Updated 2023), Forward Water Technologies Announces Completion of Technology License with FUJIFILM Corporation, Copper Prices Could See "Astronomical Rise" as Supply Concerns Increase, What to Know About Copper Investing (FCX, FM.TO) , Copper Reserves: Top 5 Countries (Updated 2023), Top 10 Copper-producing Companies (Updated 2023), What Factors Affect Copper Supply and Demand? 83% of that total is new scrap from fabricating operations and 17% is old scrap, according to the U.S. Geological Survey. U.S. metal mine production in 2020 was estimated to be $27.7 billion, 3% higher than that in 2019. Learn more about how Statista can support your business. Hardcopies will be available later in the year from the Government Printing Office, Superintendent of Documents. Chile is the leading global producer of copper, accounting for 28% in 2021. In, US Geological Survey. This information comes from the26thannual Mineral Commodity Summariesreport from theUSGSNationalMineralsInformation Center, which was published February 1. This report coversabout 90nonfuelmineralsmonitored by theUSGS. An employee for a mining company works in a metal workshop. Copper turns green because of oxidation, meaning that it loses electrons when it is exposed to water and air. Statista assumes no liability for the information given being complete or correct. Greenhouse gases are measured in 'carbon dioxide-equivalents' (CO 2 e). Peru produced 2,436,951 metric tons of copper in 2018 and produced over 2.5 million metric tons in 2019. .chakra .wef-facbof{display:inline;}@media screen and (min-width:56.5rem){.chakra .wef-facbof{display:block;}}You can unsubscribe at any time using the link in our emails. In 2019, the West Point Mint made special. Another14critical mineral commodities had a net import reliance greater than 50%of apparent consumption. Another century passed before emissions from flaring and cement production began. United States, 12201 Sunrise Valley Drive Reston, VA 20192, USGS NationalMineralsInformation Center, https://www.usgs.gov/centers/nmic/mineral-commodity-summaries. Please do not hesitate to contact me. Copper production in leading countries 2022, Global copper reserve ranking 2022, by country, Leading copper producers worldwide by production output 2021, Global largest copper mines 2022, by capacity. [Online]. In, US Geological Survey. Clicking on the following button will update the content below. The primary use of all this iron is to make steel. Due to reduced industrial consumption as a result of COVID-19,net import reliancefor many commoditieswas lower thaninprevious years. The majority of copper production, about three-quarters, is used by the electrical industries to make electrical wires, telecommunication cables, and electronics. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Copper mine production worldwide 2010-2022, Global copper refinery production 2000-2021, Leading copper producers worldwide by production output 2021, Global largest copper mines 2022, by capacity, Monthly prices for copper worldwide 2014-2023, Reserves of copper worldwide from 2010 to 2022 (in million metric tons), Global copper reserve ranking 2022, by country, Reserves of copper worldwide in 2022, by country (in million metric tons), Distribution of copper reserves worldwide by country 2020, Distribution of copper reserves worldwide in 2020, by select country, Capacity of copper mines worldwide 2010-2021, Mine capacity of copper worldwide from 2010 to 2021 (in 1,000 metric tons), Total copper mine production worldwide from 2010 to 2022 (in million metric tons), Refinery production of copper worldwide from 2000 to 2021 (in 1,000 metric tons), Copper mine capacity utilization rate worldwide 2010-2021, Utilization rate of the mine capacity of copper worldwide from 2010 to 2021, Global copper mine production distribution 2021, by region, Distribution of copper mine production worldwide in 2021, by region, Production volume of copper globally 2020, by political stability of producers, Production volume of copper worldwide in 2020, by political stability of producer countries (in million metric tons), Leading copper mines worldwide in 2022, based on capacity (1,000 metric tons), Global leading copper mines based on output 2021, Leading copper mines worldwide in 2021, based on production (in 1,000 metric tons), Global leading copper refineries 2022, by capacity, Leading copper refineries worldwide in 2022, based on capacity (in 1,000 metric tons), Global largest copper smelters 2022, by capacity, Leading copper smelters worldwide in 2022, based on capacity (in 1,000 metric tons), Copper production in leading countries 2022, Major countries in copper mine production worldwide in 2022 (in 1,000 metric tons), Chile's copper mine production from 2010 to 2022 (in 1,000 metric tons), Copper mine production in Peru from 2009 to 2021 (in million metric tons), Production volume of copper in Democratic Republic of the Congo from 2010 to 2022 (in 1,000 metric tons), Mine production of copper in China from 2010 to 2022 (in 1,000 metric tons), Copper ore export value worldwide by country 2021, Leading copper ore exporting countries worldwide in 2021 (in billion U.S. dollars), Copper ore import value worldwide by leading country 2021, Leading copper ore importing countries worldwide in 2021 (in billion U.S. dollars), Leading copper mining companies worldwide in 2021, by production output (in 1,000 metric tons), Distribution of copper production worldwide 2021, by producer, Distribution of copper production worldwide in 2021, by company, Annual change in copper production worldwide Q2 2021-Q2 2022, by company, Year-over-year change in copper production among leading copper producers worldwide from Q2 2021 to Q2 2022, Copper production of Codelco from 2010 to 2021 (in 1,000 metric tons), Freeport-McMoRan's copper production 2010-2022, Copper production of Freeport-McMoRan from 2010 to 2022 (in million recoverable pounds), Glencore's production of copper 2015-2022, Glencore's copper production from 2015 to 2022 (in 1,000 metric tons), Refined copper usage worldwide from 2010 to 2021 (in 1,000 metric tons), Copper demand worldwide in 2015 and 2020, by region (in 1,000 metric tons), Global refined copper consumption distribution 2021, by region, Distribution of refined copper consumption worldwide in 2021, by region, Global distribution of copper consumption 2021, by end use, Distribution of copper consumption worldwide in 2021, by end use, Global distribution of copper semis first-use 2021, by type, Distribution of copper semis first-use worldwide in 2021, by type, LME price for high-grade copper 2000-2022, LME price for high-grade copper from 2000 to 2022 (in U.S. cents per pound), Average prices for copper worldwide from 2014 to 2024, Average prices for copper worldwide from 2014 to 2024 (in nominal U.S. dollars per metric ton), Monthly prices for copper from January 2014 to March 2023 (in nominal U.S. dollars per metric ton), Rate of return on copper investments worldwide 2011-2022, Returns on copper investments from 2011 to 2022. Share sensitive information only on official, secure websites. Please create an employee account to be able to mark statistics as favorites. Crushed stone was the leading nonfuelmineral commoditydomestically producedin 2020,accounting for 22% of the total value of U.S. nonfuelmineral production. Are you interested in testing our business solutions? Copper concentrate generally contains 20 to 30 per cent copper; for this example, 270 000 tonnes per day of mined material may produce 1 750 tonnes of copper. Chile again took the crown to become the top copper producer last year, but some of the others on the list may surprise you. Chile has been the worlds leading producer of copper since the early 21st century. Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022, Research lead covering energy, chemicals & resources, Profit from additional features with an Employee Account. A paid subscription is required for full access. Jumping up to sixth on the list of top copper-producing countries, Russias copper production increased in 2022, up from 940,000 MT in 2021. Please create an employee account to be able to mark statistics as favorites. Thestates,rankedin descending order of production value, were: Nevada, Arizona, Texas, California,Minnesota,Florida, Alaska,Utah,Missouri, Michigan, WyomingandGeorgia. Are you interested in testing our business solutions? The Lincoln penny obverse showed the image of Lincoln designed by Victor David Brenner that is still used today. A paid subscription is required for full access. The, IntroductionEach mineral commodity chapter of the 2021 edition of the U.S. Geological Survey (USGS) Mineral Commodity Summaries (MCS) includes information on events, trends, and issues for each mineral commodity as well as discussions and tabular presentations on domestic industry structure, Government programs, tariffs, 5-year salient statistics, and world production and resources. Copper has been used since about 8000BCE. Share sensitive information only on official, secure websites. As a Premium user you get access to the detailed source references and background information about this statistic. Copper was the first metal manipulated by humans and is still an important metal in industry today. In 1857, the coin got smaller and the metal composition changed to 88% copper and 12% nickel. Building wire in that time has grown 3.8%/year and has established itself as copper's Number 1 market by a widening margin. Industrial and technology metals made up the other 6% of all mined metals in 2019. The coin was larger and made of pure copper, while todays smaller coin is made of copper and zinc. For ordering information, please call(202) 512-1800or(866) 512-1800orgo online. Mineral elements provide the color in fireworks. It is estimated that 57.4 Mt (Million Metric Tonnes) of e-waste was generated globally in 2021. . Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 70m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. The United States ranked fourth in gold production in 2016. The rest is mostly used to form alloys by combining it with other metals. As soon as this statistic is updated, you will immediately be notified via e-mail. Copper production from the Democratic Republic of Congo (DRC) rose by 460,000 MT from 2021 levels to overtake China and match Peru at 2.2 million MT for 2022. A high-efficiency 3-hp motor operating full time at $0.08 per kWh would repay its cost premium in less than 5 months, and from then on save money and electricity. Reverse (tails):First issued in 2010 and emblematic of Lincolns preservation of the United States as a single and united country. The design on the first penny was of a woman with flowing hair symbolizing liberty. Obverse (heads): Shows the familiar likeness of President Abraham Lincoln featured since 1909. Some of these common alloys are brasses, bronzes, and nickel silvers. Statista. Likewise, dazzling rubies and rare sapphires are universally recognized as gemstone, The U.S. Geological Survey (USGS) provides information to the public and to policy-makers concerning the current use and flow of minerals and materials in the United States economy. Available: https://www.statista.com/statistics/264626/copper-production-by-country/, Major countries in copper mine production worldwide in 2022, Immediate access to statistics, forecasts & reports, Distribution of copper reserves worldwide by country 2020, Capacity of copper mines worldwide 2010-2021, Copper mine production worldwide 2010-2022, Global copper refinery production 2000-2021, Copper mine capacity utilization rate worldwide 2010-2021, Global copper mine production distribution 2021, by region, Production volume of copper globally 2020, by political stability of producers, Global leading copper mines based on output 2021, Global leading copper refineries 2022, by capacity, Global largest copper smelters 2022, by capacity, Copper production in leading countries 2022, Copper ore export value worldwide by country 2021, Copper ore import value worldwide by leading country 2021, Distribution of copper production worldwide 2021, by producer, Annual change in copper production worldwide Q2 2021-Q2 2022, by company, Freeport-McMoRan's copper production 2010-2022, Glencore's production of copper 2015-2022, Global distribution of copper consumption 2021, by end use, Global distribution of copper semis first-use 2021, by type, LME price for high-grade copper 2000-2022, Average prices for copper worldwide from 2014 to 2024, Monthly prices for copper worldwide 2014-2023, Rate of return on copper investments worldwide 2011-2022, Anglo American Sur: copper production 2007-2021, Copper production volume in Colombia 2011-2021, Copper production in Chile in 2021, by region, Copper production of Escondida in Chile 2010-2021, Copper production of Collahuasi in Chile 2010-2021, Copper export volume from Chile 2011-2021, Copper exports volume from Chile 2021, by destination in America, Chile: largest copper producers 2021, by output volume, Copper exports volume from Chile 2021, by destination in Asia, Distribution of Canadian copper production by province and territory 2020, Refined copper production in Brazil 2007-2021, Refined copper production in Peru 2007-2021, Copper mine production volume in Brazil 2011-2021, Global copper alloy production by region 2012-2017, Global copper and copper alloy production by region 2012-2017, Production of copper from smelting Indonesia 2012-2021, Production volume of copper mines in MENA 2005-2020, Major countries in copper mine production worldwide in 2022 (in 1,000 metric tons), Find your information in our database containing over 20,000 reports. [Online]. It features a union shield with 13 vertical stripes and our national motto in a horizontal bar above. A lock () or https:// means youve safely connected to the .gov website. A porphyry copper deposit in the Andes Mountains is the greatest known deposit of Copper. Profit from the additional features of your individual account. Show sources information Peruvian copper production was down year-on-year, slipping 100,000 MT from 2021's total of 2.3 million MT as political unrest in the country and protests at mines continued to affect operations. The main copper operations in Peru include Anglo Americans Quellaveco mine and Southern Coppers (NYSE:SCCO) Tia Maria mine. In 1943, pennies were made of zinc-coated steel because copper was needed during World War II. This would fit into a cube measuring about 430 meters on a side. Copper has very high thermal and electrical conductivity. Animal-free offerings are down, but not out, The chemical industrys overlooked role ushering in the low-carbon economy, This MIT research could help us unlock smaller, lighter and safer batteries, Microplastics in products? Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 70m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. In 1995, China accounted for 10 percent of world copper consumption. According to this years report, theU.S.continues tosignificantlyrely on foreign sources formanyraw and processedminerals. According to CRU Groups Robert Edwards, "(The DRC) now accounts for 11 percent of global mine output, and there are lots of projects in the pipeline in the country that are due to come onstream in 2024 and 2025.. Available: https://www.statista.com/statistics/254839/copper-production-by-country/, Total copper mine production worldwide from 2010 to 2022, Available to download in PNG, PDF, XLS format, Distribution of copper reserves worldwide by country 2020, Capacity of copper mines worldwide 2010-2021, Copper mine production worldwide 2010-2022, Global copper refinery production 2000-2021, Copper mine capacity utilization rate worldwide 2010-2021, Global copper mine production distribution 2021, by region, Production volume of copper globally 2020, by political stability of producers, Global leading copper mines based on output 2021, Global leading copper refineries 2022, by capacity, Global largest copper smelters 2022, by capacity, Copper ore export value worldwide by country 2021, Copper ore import value worldwide by leading country 2021, Distribution of copper production worldwide 2021, by producer, Annual change in copper production worldwide Q2 2021-Q2 2022, by company, Freeport-McMoRan's copper production 2010-2022, Glencore's production of copper 2015-2022, Global refined copper consumption distribution 2021, by region, Global distribution of copper consumption 2021, by end use, Global distribution of copper semis first-use 2021, by type, LME price for high-grade copper 2000-2022, Average prices for copper worldwide from 2014 to 2024, Monthly prices for copper worldwide 2014-2023, Rate of return on copper investments worldwide 2011-2022, Anglo American Sur: copper production 2007-2021, Copper production of Escondida in Chile 2010-2021, Copper production of Collahuasi in Chile 2010-2021, Copper export volume from Chile 2011-2021, Copper production in Chile in 2021, by region, Refined copper consumption volume in Mexico 20010-2021, Copper production volume in Colombia 2011-2021, Chile: largest copper producers 2021, by output volume, South African copper production volume 2011-2018, Global production of refined secondary copper 2005-2021, Production volume of copper products in China 2011-2021, Copper production value in France 2010-2019, Production volume of copper bars South Korea 2010-2021, Production volume of copper wire bars South Korea 2010-2021, Production volume of industrial minerals in African countries 2019, Consumption volume of refined copper in India 2010-2021, Total copper mine production worldwide from 2010 to 2022 (in million metric tons), Find your information in our database containing over 20,000 reports, leading copper mines in terms of reserve volume, worlds largest copper mine based on capacity. Show publisher information "Major countries in copper mine production worldwide in 2022 (in 1,000 metric tons)." Get in touch with us. As a Premium user you get access to background information and details about the release of this statistic. Coal-fired power at an industrial-scale was the first to emerge in Europe and North America during the 1700s. Where can I find information about mineral commodities? Chart. The MCS is the, IntroductionEach mineral commodity chapter of the 2022 edition of the U.S. Geological Survey (USGS) Mineral Commodity Summaries (MCS) includes information on events, trends, and issues for each mineral commodity as well as discussions and tabular presentations on domestic industry structure, Government programs, tariffs, 5-year salient statistics, and world production, reserves, and resources. Learn more about copper Uses Production Around 21 million tonnes of copper is mined worldwide each year. Chile produces the highest amount of copper per year. Price of Copper 1959-2022 The international price of copper struck a first peak level on 6 March 2008, on the London Metal Exchange (LME), surging 5.8% over the previous trading day to US$ 4.02 per pound. Robust copper prices in 2023 show the metal is rebounding from the dive it took in the second half of 2022 on the back of weakened demand from China. Coal, oil, and gas make up 15% of the total, while metal makes up 10%. In 2018, Chile produced 5,831,600 metric tons of copper and has consistently produced over 5.5 million metric tons in the few years prior. The primary methods used to extract minerals from the ground are: Underground miningSurface (open pit) miningPlacer mining The location and shape of the deposit, strength of the rock, ore grade, mining costs, and current market price of the commodity are some of the determining factors for selecting which mining method to use.Higher-grade metallic ores found in veins deep under the Earths surface At today's level of consumption, the average newborn infant will need a lifetime supply of: 871 pounds of lead 502 pounds of zinc 950 pounds of copper 2,692 pounds of aluminum 21,645 pounds of iron ore 11,614 pounds of clays 30,091 pounds of salt 1,420,000 pounds of stone, sand, gravel, and cement Learn more: Mineral Resources: Out of the groundinto our daily lives. One major copper asset on the rise in the DRC is Ivanhoe Mines (TSX:IVN,OTCQX:IVPAF) Kamoa-Kakula project, a joint venture the company shares with partner Zijin Mining Group (OTC Pink:ZIJMY,SHA:601899).

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how much copper is produced each year

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how much copper is produced each year