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If you're into Cu and have a spare 1/4 hr, this podcast is...

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20/05/21

15:30

Post #: 53308644
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Originally posted by Clark888: ↑

Interesting 10 May 2021 Bloomberg TV interview (via the Tweet below) with Jeffrey Currie (Goldman Sachs):

The Goldman Sachs 'Copper is the New Oil' report (dated 13 April 2021) is available via this link, if you have not already read it:

https://www.hotchili.net.au/wp-cont... Research Green Metals- Copper is the new oil

Copper will be key to the green revolution.

Note: Last week, BMO analyst Colin Hamilton suggests tailings may solve the supply problem.

"With governments and miners under pressure to remediate old tailings dams, and technology advancing rapidly for residual metal recovery, we would not be surprised to see incremental supply result. This ticks a lot of boxes around risk, social licence to operate and ESG more widely, and at elevated copper prices can also yield positive economics. We see this as a significant opportunity for sustainable investment over the coming decade," he said.

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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If you're into Cu and have a spare 1/4 hr, this podcast is recommended listening.

A surge in green capex—combined with the lack of copper mining projects—will lead to a multi-year bull market in copper, explains Goldman Sachs Research’s Nick Snowdon.

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0 Great analysis

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