New copper tech is having a moment

TL;DR

The U.S. is experiencing a growing effort to use new technology to increase domestic copper processing due to rising demand from the AI boom.
The U.S. has ample copper resources, but most processing occurs in large, overseas smelters, with China being a major hub.
Copper is essential for electrical systems in data centers, the power grid, and vehicles.
The U.S. government has prioritized domestic critical mineral production, and copper was added to the critical minerals list, though substantial funding has yet to be allocated.
Experts describe the U.S. as 'copper rich and refining poor,' highlighting the need for domestic processing capabilities.
Startups are developing new processing technologies and facilities, securing backing from venture capitalists and miners.
Companies like Red Metals and Still Bright are building new processing facilities and utilizing innovative technologies.
Investment in copper startups is growing, with deeptech gaining favor amid AI-driven market dynamics.

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