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United States yearbook - 1982 (1)

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Copper— Molybdenum—Cobalt 735<br />

No. 1316. C o p p e r — S u m m a r y : 1960 t o 1981<br />

[In thousands ol short tons, except ae indicated. Excludes Hawaii and Puerto Rico, except lor imports and exports. See also<br />

H is to ric a l S ta tis tic s , C o lo n ia l T im e s to 1 97 0, series M 235-241]<br />

ITEM 1960 1965 1970 1975 1976 1977 1976 1979 I960<br />

1981,<br />

prel.<br />

New (primary) copper produced—<br />

Mines (from domestic ores)...................................... 1,080 1,352 1,720 1.413 1,606 1,504 1,496 1,591 1,302 1,696<br />

Copper ore produced 1(mil. sh. tons)..................... 135 173 258 263 264 260 264 306 244 306<br />

Average yield of copper (percent)....................... .73 .70 .59 .47 .51 .52 .51 .47 .48 .51<br />

Smelters (from domestic ores).... 1,143 1.403 1,605 1,374 1,461 1,394 1,400 1,448 1,096 1,427<br />

Percent of world total............... 23 23 24 17 17 16 16 16 13 16<br />

Refineries (from domestic ores).... 1,121 1,336 1 ,5 2 1 1,286 1.423 1,411 1,463 1,556 1,237 1,577<br />

From foreign ores, matte, etc., refinery___________ 398 376 244 157 117 65 134 114 98 125<br />

Total new refined, domestic and foreign__________ 1,519 1,712 1,765 1,443 1,539 1,496 1,597 1,670 1,335 1,702<br />

Secondary copper produced......................................... 871 1,253 1,246 972 1,145 1,196 1,375 1,711 1,584 1,563<br />

Recovered from old scrap only 429 513 504 369 419 452 553 666 676 659<br />

Imports (unmanufactured) 3 ’... 524 523 392 324 535 437 586 310 603 474<br />

Refined............................... 143 137 132 147 3B2 387 444 225 471 364<br />

Exports (unmanufactured)9.... 506 372 307 234 172 125 196 204 213 265<br />

Refined exports of metallic copper 434 325 221 172 112 52 101 81 16 27<br />

Stocks (producers), Dec. 31.. 359 261 470 519 511 580 459 374 354 472<br />

Mine production of primary copper 1 ,0 8 0 1 ,3 5 2 1 ,7 2 0 1 ,4 1 3 1 ,6 0 6 1,504 1 ,4 9 6 1,591 1 ,3 0 2 1,696<br />

Arizona............................... 539 703 918 613 1,024 924 983 1,043 849 1,147<br />

Montana............................. 92 115 120 88 91 86 74 77 42 69<br />

New Mexico........................ 67 99 166 146 172 165 141 181 165 170<br />

Utah................................... 218 259 296 177 185 194 205 213 174 233<br />

Other <strong>States</strong>....................... 163 175 220 189 134 135 93 77 72 77<br />

Avg. price, domestic production (cents per lb.)............. 32.1 35.4 58.2 64.2 69.6 66.8 66.5 93.3 102.4 85.1<br />

World smelter production.............................................. 5,040 6,105 6,752 8,069 8,642 8,967 8,644 8,869 8,751 9,177<br />

World smelter capacity.................................................. (NA) (NA) (NA) (NA) (NA) (NA) 10,900 11,180 (NA) (NA)<br />

NA Not available. 1includes old tailings, smelted or retreated. Not comparable with mine production figures which include<br />

recoverable copper content of ores not classified as "copper.” 3 Includes copper Imported for Immediate consumption plus<br />

material entering county under bond. Beginning with 1977 includes imports for consumption. 9Comprises copper in ores and<br />

concentrates, matte, refined, blister, and scrap.<br />

No. 1317. M o l y b d e n u m Co n c e n t r a t e s — S u m m a r y : i9 6 0 t o 1981<br />

[In millions of pounds of contained molybdenum, except ae Indicated. See H is to ric a l S ta tis tic s , C o lo n ia l T im e s to 1970, series<br />

M 227-228, for production and exports of ores and concentrates]<br />

ITEM 1960 1965 1970 1973 1974 1975 1976 1977 1978 1979 1980<br />

1961,<br />

prel.<br />

Production.................................... 68.2 77.4 111.4 115.9 112.0 106.0 113.2 122.4 131.8 144.0 150.7 139.9<br />

Shipments from mines................. 69.9 77.3 110.4 135.1 110.2 105.2 114.5 125.0 130.7 143.5 149.3 118.9<br />

Average price per pound 1(dol.).... 1.47 1.75 1.92 1.92 2.24 2.74 3.26 4.02 4.86 6.07 9.00 6.85-8.50<br />

Value (mil. dol,)............................ 87.4 120.8 190.1 217.7 234.7 259.3 333.5 450.4 607.9 871.1 1,344.2 945.5<br />

Exports *...................................... 30.2 24.1 55.7 74.0 78.7 62.6 62.5 65.7 69.2 72.2 66.2 51.4<br />

Imports for consumption.............. - .1 (z) .5 .2 2.6 2.1 2.0 2.7 2.3 1.8 2.0<br />

Consumption................................ 44.8 68.1 76.1 62.5 91.7 90.0 85.0 91.0 96.4 103.2 108.2 80.7<br />

Slocks (Industry), Deo. 31 ’.......... 3.5 4.2 9.7 22.0 18.7 10.7 9.4 9.2 9.0 9.5 18.1 35.5<br />

World production, estimate.......... 89.1 498.5 4161.1 180.1 185.6 180.3 195.5 209.7 220.7 229.4 241.7 240.4<br />

- Represents zero. 2 Less than 50,000 pounds. ‘ Molybdenum in technical-grade oxide, f.o.b., plant of major producer,<br />

domestic sales. includes roasted concentrates. 3At mines and at plants making molybdenum products. 4Free world.<br />

No. 1318. Cobalt—Summary: I960 t o 1981<br />

[In millions of pounds of contained cobalt, except price]<br />

ITEM 1960 1965 1970 1973 1974 1975 1976 1977 1978 1979 1980 1981<br />

Production:<br />

Mine........................................................ 2.2 1.2 .7<br />

Secondary (scrap)1.................................. .2 .1 .1 .3 .3 .3 .3 .5 1.0 1.2 1.2 1.0<br />

imports 2 . 12.2 15.4 12.4 19.2 16.1 6.6 16.5 17.5 19.0 20.0 16.3 16.6<br />

Zaire_ (NA) (NA) (NA) 11.2 7.5 2.2 6.8 7.5 7.9 6.8 6.2 4.2<br />

Zambia (NA) (NA) (NA) _ .1 _ 1.7 2.4 2.1 3.5 2.2 1.5<br />

Finland (NA) (NA) (NA) .9 .9 1.1 .8 1.3 .9 1.2 1.1 1.2<br />

Exports 9 (NA) .1' 1.5 1.4 1.3 1.8 1.8 .9 1.5 .7 .6 .8<br />

Consumption 8.9 13.6 13.4 18.7 18.9 12.8 16.5 16.6 20.0 17.4 15.3 11.7<br />

inventories 104.0 103.8 81.0 65.4 56.0 49.5 44.1 44.5 45.2 44.2 43.3 42.2<br />

Government4.................. ........................ 103.2 102.2 79.1 62.9 54.0 47.6 41.0 40.9 40.B 40.8 40.8 40.8<br />

Private9 .6 1.6 1.9 2.5 2.0 1.8 3.2 3.7 4.4 3.4 2.5 1.4<br />

Price per pound • (dollars)........................... 1.54 1.62 2.20 3.00 3.46 3.98 4.44 5.56 11.53 24.58 25.00 19.73<br />

- Represents zero. NA Not available. 1Reported consumption of purchased scrap. ’ Includes countries not shown<br />

separately. ’ Content of unwrought cobalt and cobalt alloys, and waste and scrap. ’ Includes cobalt sold but not delivered<br />

’ Consumer stocks only. ’Weighted average based on the market price quoted by a ma|or U.S. cobalt dealer.<br />

Source of tables 1316-1318: U.S. Bureau of Mines, M in e ra ls Y e a rbo o k .

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