Copper Outlook, page-33

Copperspots, as peru has civil unrest, if its not contained could go country wide there.

Reading various articles, tells me it's been brewing for some time.

LME has approx 81k copper inventory. So we are around 3 days held supply now.

In Chile, escondida can't boost output to make up for Peruvian lost supply either as grades are falling.

We are globally in a tight spot with copper from now and into the next 10 years.

The other problem with metal shortages is they rise in price, and will cause more inflation than we have now.

Going green is going to be a very costly exercise.