Interesting. I can confirm that very very little of the copper used in those applications ever gets recycled - as you can probably tell from my signature line I've got a bit of experience with these things
Russia is also reportedly running at a production rate of 1.2 million artillery rounds per year, and I have heard that the various manufacturers in Europe are also trying to up their production rate to try to keep Ukraine supplied. To be honest I'm not quite sure if the current production capacities around the world can keep up with the demands if Israel does decide to have a full-on war with Hezbollah in Lebanon.
HGO Price at posting:
6.5¢ Sentiment: Buy Disclosure: Not Held
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