Excerpts:
” "The crux is there are significant supply deficits for various critical industrial metals in our forecast that need addressing, but the capital is still not flowing and in combination with longer project lead times, are foreshadowing inevitable metal shortages," Sinden told Mining Journal in Toronto.”
"Sinden's data shows total capex of $115 billion is required in copper alone to head off projected supply deficits by 2028. For nickel it is $23 billion, $19 billion for zinc, $8 billion for metallurgical coal, $7 billion for thermal coal and $5 billion for iron ore.”
