AW1 4.55% 11.5¢ american west metals limited

10 key points of the upcoming copper super-cycle as highlighted...

  1. 3,173 Posts.
    lightbulb Created with Sketch. 1764

    https://hotcopper.com.au/data/attachments/6095/6095960-b738d7db1d750d344d0a6db5a65e0b8d.jpg


    10 key points of the upcoming copper super-cycle as highlighted by this Mining Journal:

    1. Supply deficit: A major copper shortage is expected due to underinvestment, few discoveries, mine closures, and high demand for clean energy.
    2. Delayed impact: Economic slowdown due to high inflation and interest rates slowed demand and postponed the shortage.
    3. Price stability: Copper prices remained stable despite economic challenges, reflecting its future potential.
    4. Price surge expected: Easing inflation and interest rates in 2024 could significantly increase copper prices.
    5. Higher hurdle rate for new projects: Increased geopolitical risks require a higher copper price for new mine development to be profitable.
    6. Challenges in permitting and funding: Stringent regulations and difficulty in securing funding make it harder to bring new copper projects online.
    7. Focus on jurisdiction: Stable and supportive jurisdictions are attractive for copper mining companies.
    8. China's copper smelters facing shortages: China's copper smelters are likely to face concentrate shortages due to supply constraints.
    9. Policy responses: Many countries are classifying copper as a critical material and implementing policies to support its production.
    10. Long-term bullish outlook: A structural copper shortage, rising demand, and tight market conditions are expected to lead to a long-term price increase.

    Overall, a strong bullish outlook for copper prices driven by a confluence of factors on the supply and demand sides.


    In terms of Storm's development, Easier financing will be possible: With increased investor interest and a promising copper market outlook, securing funding for the project development could become easier and less expensive.

 
watchlist Created with Sketch. Add AW1 (ASX) to my watchlist
(20min delay)
Last
11.5¢
Change
0.005(4.55%)
Mkt cap ! $59.59M
Open High Low Value Volume
11.5¢ 11.5¢ 11.5¢ $34.01K 295.7K

Buyers (Bids)

No. Vol. Price($)
13 765509 11.0¢
 

Sellers (Offers)

Price($) Vol. No.
11.5¢ 305480 5
View Market Depth
Last trade - 16.10pm 13/09/2024 (20 minute delay) ?
AW1 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.