US Produces More Copper Than It Needs, Beating China On Self-Reliance— But One Critical Bottleneck Could Derail It

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Benchmark Mineral Intelligence has said that the U.S. can cater to 146% of its annual copper demand from domestic and overseas mines and scrap. This is a significant contrast to China, the world’s ...

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This is a significant contrast to China, the world’s ...</p>\n\n<a href=\"https://www.benzinga.com/markets/commodities/26/02/50679867/us-produces-more-copper-than-it-needs-beating-china-on-self-reliance-but-one-critical-bottleneck-could-derail-it\">Source Link</a>\n\n</div>\n","source":"benzinga_recent_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US Produces More Copper Than It Needs, Beating China On Self-Reliance— But One Critical Bottleneck Could Derail It</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS Produces More Copper Than It Needs, Beating China On Self-Reliance— But One Critical Bottleneck Could Derail It\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-02-18 19:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/markets/commodities/26/02/50679867/us-produces-more-copper-than-it-needs-beating-china-on-self-reliance-but-one-critical-bottleneck-could-derail-it><strong>Benzinga_recent_news</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Benchmark Mineral Intelligence has said that the U.S. can cater to 146% of its annual copper demand from domestic and overseas mines and scrap. This is a significant contrast to China, the world’s ...</p>\n\n<a href=\"https://www.benzinga.com/markets/commodities/26/02/50679867/us-produces-more-copper-than-it-needs-beating-china-on-self-reliance-but-one-critical-bottleneck-could-derail-it\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CPXR","symbol_name":"USCF DAILY TARGET 2X COPPER INDEX ETF","start_time":0,"source_url":"https://www.benzinga.com/markets/commodities/26/02/50679867/us-produces-more-copper-than-it-needs-beating-china-on-self-reliance-but-one-critical-bottleneck-could-derail-it","article_id":"2612267417","we_media_id":null,"thumbnails":["https://cdn.benzinga.com/files/images/story/2026/02/18/Interwoven-Copper-Wires-Showcasing-Compl.jpeg?optimize=medium&dpr=2&auto=webp&width=240"],"rights":{"source":"benzinga_recent_news","url":"https://www.benzinga.com/markets/commodities/26/02/50679867/us-produces-more-copper-than-it-needs-beating-china-on-self-reliance-but-one-critical-bottleneck-could-derail-it","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2612267417","pubTimestamp":1771413420,"columns":[],"sourceInfo":{"source_id":"benzinga_recent_news","name":"Benzinga"},"weMediaInfo":null,"summary":"Benchmark Mineral Intelligence said the U.S. can cater to 146% of its annual copper demand from domestic and overseas mines and scrap. This is a significant contrast to China, the world's largest consumer, which can only meet 40% of its demand.","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"CPXR":"USCF DAILY TARGET 2X COPPER INDEX ETF","BK4588":"碎股","BK4585":"ETF&股票定投概念","COPX":"铜矿ETF-Global X","XME":"金属与采矿指数ETF-SPDR","BK4535":"淡马锡持仓","COPJ":"SPROTT JUNIOR COPPER MINERS ETF","CPER":"美国铜指数基金"},"translate_title":"美国生产的铜超过了其需求，在自力更生方面击败了中国——但一个关键瓶颈可能会使其脱轨","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CPXR":0.9,"CPER":0.9,"XME":0.9,"COPX":1.5,"COPJ":0.9},"content_text":"Benchmark Mineral Intelligence has said that the U.S. can cater to 146% of its annual copper demand from domestic and overseas mines and scrap. This is a significant contrast to China, the world’s largest consumer, which can only meet 40% of its demand.\nBenchmark’s analyst Albert Mackenzie pointed out that the U.S. produces more copper than it consumes, making it more self-reliant than China in terms of raw materials, reported the Financial Times on Wednesday.\nThe analyst told FT that while people often speak of China's strong self-sufficiency, the country is far from it, given how much it still needs.\nHowever, despite having a robust domestic copper mining sector and meaningful scrap output, the U.S. exports large volumes of copper because of limited domestic processing capacity. Much of this material is refined into copper cathode overseas — mainly in China, and then shipped back to the U.S. for use by semi-fabricated product manufacturers.\nMackenzie emphasized that the bottleneck for the US lies in the limited processing capacity to convert raw copper into copper cathode, a key component used by manufacturers. He stated that there’s no point in producing more raw materials if they are not going to be processed domestically.\nThe U.S. has been quietly stockpiling copper, with 590,000 short tons sitting in COMEX-approved storage, the highest level in over 30 years. U.S. copper inventories have surged nearly 300% over the past year, surpassing the combined stocks of the LME and Shanghai exchanges. \nThe spike is driven by traders rushing shipments into the U.S. to get ahead of potential 15%–25% tariffs on refined copper, creating a domestic glut while global supplies tighten.\nMeanwhile, President Donald Trump also unveiled a public-private $12 billion critical mineral stockpile to counter China’s dominance and increase self-reliance. \nThis stockpiling coincides with a surge in copper prices, which reached an all-time high of $14,268 a metric ton on the London Metal Exchange in January 2026, surging nearly 40% from October. \nMeanwhile, Chamath Palihapitiya named copper the top trade of 2026, highlighting that AI data centers could each require 50,000 tons, while new mine production would take over 20 years to scale.\nHowever, Goldman Sachs warned that the large U.S. stockpile may appear significant, but it masks a structurally tight market. The bank warned that once tariff uncertainty eases, likely by mid-2026, much of the metal could exit inventories, potentially triggering a short-term price drop.\nDisclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.\nImage via Shutterstock\nTo add Benzinga News as your preferred source on Google, click here.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}