The bigger picture is simple and very little of this Copper will...

The bigger picture is simple and very little of this Copper will ever be recycled in the form of scrap metal.

In 2008 9% of the worlds global copper production was used in munitions in a very quiet world.
Legacy munitions are mineral-intensive.
Generally, 155-millimeter shells have bodies of steel, which is an alloy of iron, carbon, and other elements; mortars have steel or cast-iron bodies; and small-arms munitions have cartridge cases of brass, which is an alloy of copper, zinc, and other elements. Copper is especially prevalent in munitions.
It is often used as a driving band in artillery shells, as a liner in shaped-charge antitank munitions, and jackets for small-arms rounds.
According to an Institute for Defense Analyses report for the Defense Logistics Agency, the Department of Defense used approximately 106,000 tons of copper in 2008, making it the second most used material by weight in US defense production
For instance, the Department of Defense plans to increase its annual production of copper-containing 155-millimeter shells from ninety-three thousand to 1.2 million in 2025. Globally, Dubai-based Simon Hunt Strategic Services estimated copper usage in military applications in 2021 at 2.186 million metric tons—nearly 9 percent of global refined copper production—and growing at about 14 percent year-over-year through 2026.

credit for above -modern war institute - West Point article 11/29/23

The US has a desire for domestically sourced material metals,so much of what may have headed to China in the past for processing will now be staying in the US and for strategic reasons be processed there.
1.2m divided by 93k is 13 times current Copper need just in the US for 155mm shell production.
US Bullet manufacturers already are under export restrictions to only enter into inter govt military sales and completing existing supply contracts for domestically produced recreational rounds.

Add in a few other global armament manufacturers ramping up and you can see why BHP is so bullish on Copper and why there is starting to appear to be two Copper prices - one in China and one Elsewhere.

DYOR +DYODD