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Copper market facing renewed caution from investors

From miningweekly.com

With the demand for copper having increased amid the global energy transition, Benchmark Mineral Intelligence project manager: energy transition commodities Piotr Ortonowski described this year as “the year of the unexpected” for copper. Speaking at a panel discussion at this year’s London Indaba under the theme ‘Copper: defying gravity- or was it all just hype?’, he explained that this year was expected to be a year of oversupply, with a few big mining projects still ramping up. “The word on the street was that we're going to be in a surplus of half a million tonnes plus. However, what transpired was quite ... (full story)

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  • Category: Fundamental Analysis