$40k not beyond the realms.
Growing awareness of the need to survive climate will ensure that electrification accelerates.
Nuclear neanderthals are radiating rubbish from somewhere other than IMBY.
Main risk to copper would be substitution - other than pricier silver nothing seen on the conductivity horizon yet.
NB BHP future planning would have at a minimum, a 30 yr. view.
Copper Hits Record Above $11,000 on Bets That Shortage Looms, page-85
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