Hmmm the staid Investment commentators (eg Forbes) are talking only of a price of US$3.20/lb....
,,,but in 5 years’ time in 2023 lol
on the back of a tripling of EV global sales and therefore a tripling of EV demand for Cu
with total copper demand over 10 years going from 24 million tonnes pa in 2018 to 30 million tonnes pa in 2027 (Fitch).
minor-moderate deficits next 5 years, then supply from new projects would cap price rises.
do you see anything on the horizon that would disrupt China, Chile or India copper supply over the next year or two or three??
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