Copper is a commodity closely tied to the U.S. and global economies. Demand for copper signals the strength of the global marketplace. Copper is part of a supply chain on which modern society depends. The generation and transmission of electricity, communication equipment, transportation devices and vital infrastructure in cities and towns around the world depend on the production of copper.
In the future, copper will continue to be essential in these applications, as well as contributing significantly to new technologies for energy efficiencies, to advance communications and to enhance public health and the environment.
The estimated total direct and indirect economic impact of copper mining operations in New Mexico was $444 million in 2014, 1600 employees and over 300 contractors are impacted by New Mexico’s mining economy.