Just keeps getting better and better the closer we look at it, doesn't it Bison8?!
Yes, China's construction industry currently accounts for stacks of global copper demand.
Any downturn IMO can be offset by the rest of the globe's second and third world countries aiming to increase their standard of living.
India, Africa, all the reconstruction that is going to be required in Ukraine etc.
From another of my stocks, a QLD nickel processor also looking to capitalise on the EV &
stationary energy storage market, both of which need lithium ion batteries:
Re-reading the last quarterly, the team have done exceptionally well dealing with Covid, taking the opportunity of some delays with Govt and contractors to update the resource and optimise the metallurgy, all of which will continue to improve Nifty's numbers. Financiers in the data room are seeing this improvement ahead of us; looking forward to hearing the latest progress in the March quarterly this week
