Arizona Could Provide a Viable Solution to the Copper Crisis in the US
Earlier this year, President Trump announced immediate measures focused on including copper in the list of critical minerals to provide tax incentives to mining firms and speed up permitting. Later in July, he announced that starting August 1st, the United States would impose a 50% tariff on all imported copper. Currently, the country is the 5th largest producer of the red metal after Chile, the DRC, Peru, and China. The U.S. produces nearly half of the red metal is uses, with efforts to bolster domestic production taking their time as it takes nearly three decades for copper mines to start…