Trafigura Sees Green Copper Supercycle Driving Prices to $15,000...

Trafigura Sees Green Copper Supercycle Driving Prices to $15,000

Mark Burton Bookmark March 23 2021, 3:19 PM March 24 2021, 5:28 AM (Bloomberg) --

The world’s biggest copper trader expects the metal to hit $15,000 a ton in the coming decade as demand from global decarbonization produces a deep market deficit.

A good read thanks @benz 560.

Forget about the SP. If the cu price gets to $15,000 and Peter's targets deliver on Grade and we get throughput up to 2.5mt p.a. we could be looking at 30 cent dividends.

While sheltering from the inclement weather I've been looking back over Peter,s presentations trying to make sense of all hist technical jargon and slides that assume way too much about one's understanding of the subject.

Some of the old core samples in the near mine area hit some spectacular grades which augers well for what might be found in
upcoming drilling programmes in the lead up to the multi UG mine operation which seems we need to get the plant running at full capacity.






I did come across an article on MT surveying that had a colour chart that seems to indicate what the colours in his 2d slides might mean.