Resolution Copper will deliver significant economic growth to nearby communities and the state of Arizona by providing jobs, tax revenue and increased local spending over the course of the project’s 60-year lifespan.
So what exactly does it mean for the people of Arizona?
Let’s take a closer look.
Creating New Jobs
Resolution Copper is more than a mine in its planning, permitting and development stage. It’s a team of dedicated people working toward the goal of supporting nearly 25% of U.S. copper production; in turn, securing domestic access to a critical mineral that’s integral to everyday life.
When the mine is fully operational, Resolution Copper expects to directly employ about 1,500 workers, including strong paying union jobs, with an estimated $134 million per year in total compensation. Resolution Copper is also committed to local vendors and hiring. More than half of the current 600 employees and contractors at Resolution Copper live within 40 miles of the project.
The project will also generate approximately 2,200 indirect jobs with an estimated $136 million in compensation, meaning it could support some 3,700 jobs and $270 million per year in total compensation at full production. Resolution Copper is also committed to training local workers in the Resolution Copper Apprentice Program at Central Arizona College to fill highly-skilled positions at a state-of-the-art mine.
Boosting the Local Economy
Studies show that Resolution Copper could produce up to $61 billion in economic value for Arizona over the project’s 60-year lifespan. Resolution Copper will boost state and local tax revenues by $88 million to $113 million per year, while the federal government could see an extra $200 million in tax revenues per year.
Resolution Copper is a key contributor to the local economy as it purchases about $546 million per year in goods and services from local businesses. Resolution Copper also played an instrumental role in establishing the Copper Triangle Community Development fund for economic development in the Superior community. In addition, Congress’ federal land exchange legislation, in conjunction with Resolution Copper, is an opportunity for the Town of Superior to receive 545 acres of federal lands, ideal for economic expansion and diversification.
Investing in Superior, Arizona
Resolution Copper is committed to supporting the community in which it operates.
Resolution Copper has provided $1.2 million of funding over four years for STEM and robotics programs in the Superior Unified School District. In the midst of COVID-19, Resolution Copper also stepped up to provide $1.2 million in funding for technology to help students learn remotely, provided support for domestic violence shelters, food and water donations and small business grants to local entrepreneurs.
Since 2016, Resolution Copper has also contributed more than $2.2 million to more than 280 local initiatives, spanning education, environment, community development, arts and culture.