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Geologist Lee Allison On Fluctuating Copper Prices

Copper
U.S. Geological Survey
/
handout | agency | https://www.usgs.gov/centers/nmic/copper-statistics-and-information
Copper is fairly abundant in Earth's crust; what sets Arizona apart is its wealth of mineable copper, which it owes to a copper-rich granite formed in ancient volcanoes.

It’s been an up-and-down week for one of Arizona’s five C’s. Copper fell to a five-year low on Wednesday and then rebounded the next day — posting its biggest one-day percentage gain in four months.

At last check, copper is up again today. For more on what’s been going on, we turn to Lee Allison - he’s Arizona’s State Geologist and Director of the Arizona Geological Survey.

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Mark Brodie is a co-host of The Show, KJZZ’s locally produced news magazine. Since starting at KJZZ in 2002, Brodie has been a host, reporter and producer, including several years covering the Arizona Legislature, based at the Capitol.