ALASKA TRENDS.

"When you look at the demand-supply fundamentals associated with copper," begins Trilogy Metals President and CEO Tony Giardini during a Q&A with Alaska Business, "the world's going to need a lot more copper in the future. If you look at the electrification of the grid, if you look at infrastructure spending, if you look at electric vehicles--all of those things are going to require more copper."

And copper is just one of the many precious metals and minerals extracted by companies operating in Alaska's mining industry. Often lumped in with oil and gas, mining is a powerhouse in its own right--the industry accounted for more than $1.7 billion in export value in 2018 alone, accounting for more than 35 percent of the state's export total. This month's installment of Alaska Trends digs up a few of the statistics produced by this industry--and explores the different projects around the state.

Source Alaska Miners Association. The Economic Benefits of Alaska's Mining Industry. February 2020

Jobs by Mine Potential Jobs Graphite Creek 370 Livengood 330 Pebble 850 Current Employees Fort Knox 820 (*) Greens Creek 440 Kensington 385 Northern Star Pogo 450 Red Dog 650 (*) Usibelli Coal 100 (*) including contractors INDIVIDUAL REVENUE

$112,800 is the estimated average annual wage within the mining industry. TWICE the state average-for all sectors of the economy.

$740 MILLION was paid in direct and indirect payroll.

9,400 JOBS directly and indirectly attributed to Alaska mining industry.

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