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The countries that control the world’s production of copper are the
ones that have the biggest reserves of copper. Chile is the biggest
producer of copper in the world, and it accounts for 35% of the
world’s copper production. 45% of all Chilean exports are copper,
and Chile’s economy has grown substantially in recent years, due to
large increases in the price of copper. Other large producers of
copper include the USA, Peru and Indonesia.
Low grade ores are ores that don’t contain many valuable minerals.
Richer ores that contain lots of impurities can also be called low
grade ores. Low grade ores tend to be less valuable than high grade
ores, as only a small percentage of the metal in the ore is extracted
successfully. Low grade ores are becoming more important, as
richer ores with high copper content are becoming increasingly
harder to find, so low grade ores are being increasingly used as a
source for copper.