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Copper Miners Turn to Leaching to Beat Shortage

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Demand for copper is projected to climb sharply as electric‑vehicle and renewable‑energy deployments accelerate. Facing a tightening supply, miners are turning to leaching—a chemical extraction technique that recovers copper from low‑grade ores and tailings. The move promises faster, cheaper production and a steadier supply chain for future growth in infrastructure.

Leaching reduces processing costs and cuts greenhouse‑gas emissions, aligning with stricter environmental regulations. Investors eye the technology as a way to boost margins amid rising copper prices, which hit a record $9,000 per tonne in 2021. Companies that adopt early may secure a competitive edge in the next decade globally.

The shift also opens doors for smaller producers to tap previously uneconomic deposits, potentially reshaping the global copper map. Analysts predict that widespread leaching could lift output by up to 10% over the next five years, easing pressure on major mining hubs and supporting the transition to a low‑carbon economy.