Discovering and developing new copper mines takes decades and requires billions of dollars.
Refined consumption that needs to be covered by mine supply to 2050
Source: Wood Mackenzie’s Copper Outlook Q2 2022
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The copper supply gap
At the same time, exploration for new copper mines is delivering declining results, with only three additional discoveries over the past three years, according to S&P. Jetti’s technology is part of the solution, by enabling the extraction of previously trapped copper resources, extending the life of existing mines by creating new mineral reserves from ores that were previously considered waste. Jetti also makes it possible to produce copper in a more sustainable manner by using leaching systems which have a far superior environmental profile compared to traditional extraction methods.