China processes half of the world's copper, the United States imports of its copper demand

work materials_science olivetti_group

S&P Global finds that the US will import 57-67% of its refined copper demand by 2035.

Meanwhile, roughly half of global copper is smelted, refined, and used in China.

References

The-Future-of-Copper_Full-Report_14July2022 https://cdn.ihsmarkit.com/www/pdf/0722/The-Future-of-Copper_Full-Report_14July2022.pdf