India has a per-capita consumption of copper that stands at 0.6 per kilogram. In contrast, countries like China and Russia consume 5.4 and 3.3 kilograms per capita. The average per capita copper consumption of the developed nation is around 10 kg.
long term it's not just China/green energy/electrification of everything/supply issues/declining grades/increasing production costs that will power the copper renaissance.
CYM Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held
