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

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    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.

 
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