My take on that article is that the analysts are proving in a roundabout way that it is anybody's guess where the copper price is going. Personally I think that it will eventually reach about US$14,000 per ton due to supply vs demand from the renewables etc - but above US$14k per ton will make renewable projects too expensive. BHP are talking about buying existing copper projects rather than developing new ones - which is probably smart as it gets them producing assets quicker and doesn't increase supply so price will stay higher.
My take on that article is that the analysts are proving in a...
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