Copper Price news, page-787

https://reneweconomy.com.au/ev-explosion-has-only-just-begun-says-copper-giant-as-it-fights-off-bhp/amp/

The miner giving itself until the end of the year to decide whether to spend over $1 billion dollars to exploit a giant nickel and copper deposit in the Australian outback that would run on green power and supply critical materials to the EV and renewables sectors.

The company wants to build its West Musgrave mine and related processing facilities able to churn out 26,000 tonnes of nickel and 32,000 tonnes of copper a year by leveraging 100 per cent renewable energy generation to meet a looming supply shortage facing renewable vehicle and equipment makers.

The case for developing the mine at a cost of around $1.1 billion “is getting stronger, not weaker,” Cole said.

So OZ Minerals is going to spend $1.1 Billion for a mine roughly twice the output of Nifty

CYM require a total of $260m for half the production and less than a quarter of the cost. Where does the greater value lie?
Why are financiers not lining up to throw funds at CYM? Nuts.