Forecasts made by respected industry analyst CRU highlight the emerging excess demand gap in the copper market. Demand is expected to increase at a steady pace in the coming decade (see Slide in Tweet below).
The dark blue area of the chart represents existing mine supply, which is declining as mines reach the end of their lives and grades decline, particularly in the key South American mines (Chile, Peru).
Cheers
These are only my thoughts and it does not constitute investment advice. Before acting on any information you read and before making any financial or investment decisions, you should always consult your advisor(s) or other relevant professional experts.
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