Cobre Panamá copper mine: Panama milling old ore
The copper mine is processing stockpiled old ore, implying disrupted normal mine output and constrained fresh copper supply.
Source →The trace
How it reaches your house.
Starting from Copper ore concentrate, we walked the supply graph hop by hop to the goods you buy and the companies you own. Each step is the engine’s reasoning, scored for confidence and cited where a source backs it.
First impact
Copper ore concentrate →Shortage riskCopper ore concentrate is a critical upstream input for copper and electrical wiring, so a production halt that constrains fresh supply directly creates shortage risk.
96% confidenceCopper Cathode (Plumbing Tube Grade) →Shortage riskThis edge has a very large exposure (57% share) with low substitutability and an 18-month replacement lead time, so a copper cathode squeeze should create a material input shortage for Mueller.
88% confidenceCopper Cathode (Plumbing Tube Grade) →Shortage riskHop 2
Codelco →Shortage riskCodelco has a material dependence on copper ore concentrate, and the Cobre Panamá production halt tightens fresh copper supply, making this input scarcer.
78% confidenceFreeport-McMoRan →Shortage riskMitsubishi Materials Corporation (MMC)
MMC is a major customer of Freeport-McMoRan, accounting for 17% of FCX's 2024 consolidated revenue, so a copper output constraint at Freeport can reduce supply to MMC.
69% confidencePlumbing pipes and fittings →Stands to benefit
Where it lands
What you buy, and what you own.
Goods you buy
Copper and electrical wiring · Plumbing pipes and fittings
In the MyPRIA app, this is checked against your own holdings.