Update almost triples contained metal at Selkirk Copper’s Minto mine
A much larger resource at Minto could increase future copper supply.
Source →The trace
How it reaches your house.
Starting from Rio Tinto Kennecott, 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
Southern Copper Corporation →supply upSelkirk’s Minto update more than doubles contained copper and is tied to a feasibility-study/restart path, which points to more future copper ore concentrate entering the market and making that commodity more available.
63% confidenceRio Tinto →supply upSelkirk's much larger Minto resource points to more future copper output, which would add supply to the copper ore concentrate market; Rio Tinto has a 3% supply edge to that commodity, so the linkage is real but modest.
39% confidenceHop 2
Copper ore concentrate →supply upCopper ore concentrate is a critical, highly dependent input for copper and electrical wiring, so a larger future concentrate supply should increase downstream availability.
92% confidenceHop 3
Copper and electrical wiring →Prices riseBecause this is a critical 0.95-strength input to copper and electrical wiring, a likely expansion in wire output would raise demand for refined cathodes and push their price up.
58% confidenceCopper and electrical wiring →Prices riseHigher copper-and-wiring production would consume more 8mm rod, so this critical input would face upward price pressure.
55% confidence
Where it lands
What you buy, and what you own.
Goods you buy
Copper and electrical wiring
Companies you may own
No named companies on this path.
Tap a company to see what it told the SEC could break it.
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