Copper Flashcards

1
Q

Porphyry deposits

A

Most common - found in igneous rocks - formed at destructive plate boundaries - continental plate melts to form magma that contains copper - as magma rises it cools copper compounds crystallise.

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2
Q

Sedimentary deposits

A

When mineral rich water flows through gaps in sedimentary rock - chemicals cause it to solidify.

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3
Q

Details

A

Chile the biggest producer - accounted for 31% of all copper mined in 2014 - continue to invest to meet demands of China - very versatile metal - can be combined into lots of alloys - copper industry accounted for 20% of China’s GDP in 2013 - in refined forms.

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4
Q

Prices

A

Oversupply of copper - combined with financial prices - caused copper prices to halve.

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