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16.7% 4.2¢ cyprium metals limited

Copper Price news, page-1234

  1. Bison8
    1,067 Posts.
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    16/12/22
    19:48
    Post #: 65347195
    A couple of interesting statistics from IEA
    I did find it difficult to obtain the same analyst information to complete the 2020 & 2021 figures. There appears to be a lot of different analysts calculations out in cyberspace giving many different numbers so I will use the IEA figure from another chart stating 73.2m global sales for 2020. I guess that is far lower than 2019 figures due to lockdowns and restricted business from covid policies, 2017 peak was 91.2m car sales
    https://hotcopper.com.au/data/attachments/4917/4917505-23382b0c68533b4dcd28fcd089b56607.jpg
    Notice GFC recession the car sales were a slight dip with less than 10m reduction in sales, recovering strongly in 2010
    As you point out@Johnyb888 the global electrification including electric car adoption is gaining traction fast, altering perceptions and copper usage from historical data.
    https://hotcopper.com.au/data/attachments/4917/4917563-ddebf5fa28fdcc02f5ddd9c10534995d.jpg


    CYM Price at posting: 8.2¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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