The Resolution Copper mine will require a diverse, highly skilled workforce.
With an estimated impact of $798.2 million per year, the long-term economic benefits of the RCM project to the local area and the state of Arizona are impressive. Here are six key economic projections:
- Total estimated economic impact over the 66-year project life on the state of Arizona, including additional development in Superior: $46.4 billion.
- During peak years of mine production, annual estimated impact of the mine: $536.6 million.
- Including all related residential, commercial and industrial development, projected peak annual economic impact on the state of Arizona: $798.2 million, the equivalent of one and a half NFL Super Bowls a year, every year over the 66-year life of the project.
- RCM Project estimated to generate federal, state, county, and local tax revenue in excess of $10.7 billion.
- Over the project’s expected life, a peak of 1,200 mine employees and 200 full-time contractors are anticipated during normal operations.
- Including indirect and induced jobs, annual mine operations are initially expected to account for 2,603 jobs and $178.7 million in wages.*
* Economic and Fiscal Impact Study conducted by third-party consultant Elliott D. Pollack and Company. Results released in April 2008.