Total percentage | 2.2 | 7.6 | 4.8 | (11¹⁄₄%) ------------------------+-------+-------+--------------+--------- [107] The United States controls the sale of substantially all this copper. TABLE 37.--FUTURE IMPORTANCE OF PRESENT COPPER-PRODUCING COUNTRIES AS INDICATED BY KNOWN RESERVES OF COPPER ORE, AND CAPITAL CONTROLLING THESE RESERVES -------------------------+---------+-----+--------------------- | | |Developed reserves in | | |terms of years’ life | | | at capacity output -------------------------+---------+-----+-----+-------+------+ | | | | | | | | | | | | |Estimated| Per-| | | | |capacity |cent-|Owned| | Owned| |output of| age | by | Owned | by | | copper | of |U. S.| by |German| | (metric |world|capi-|British| capi-| Producing country | tons) |total| tal |capital| tal | -------------------------+---------+-----+-----+-------+------+ W. Hemisphere: | | | | | | United States | 928,000| 57.5| 12.4| 12.4 | ... | | | | yrs.| yrs. | | Canada | 58,000| 3.6| 15 | 20 | ... | Mexico | 65,000| 4.0| 5 | large | large| Cuba and Venezuela | 12,000| 0.7| ... | ... |3 yrs.| Chile | 110,000| 6.8| 150 | 3 | ? | | | | | | | Peru | 45,000| 2.8| 4 | ... | ... | Bolivia | 12,000| 0.8| ...| ... | ... | -------------------------+---------+-----+-----+-------+------+ Total |1,230,000| 76.2| ...| ... | ... | Percentage total reserves| ... | 76.8| 73.6| 2.4 | 0.1 | | | | | | | Eastern Hemisphere: | | | | | | Africa | 58,000| 3.6| ...|66[110]| ... | Australia | 43,000| 2.7| ...| 7.2 | ... | Japan | 125,000| 7.7| ...| ... | ... | Spain and Portugal | 42,000| 2.6| ...|50 | ... | Russia | 18,000| 1.1| ...|18(?) |18(?) | Central Powers | 71,000| 4.4| ...| ... | ? | Norway | 19,000| 1.2| ...|10 | ... | Sweden | 1,000| 0.1| ...| ... | ... | Other countries | 6,250| 0.4| ...| ... | ... | -------------------------+---------+-----+-----+-------+------+ Total | 383,250| 23.8| ...| ...