The Compelling Case for Copper in 2024
https://seekingalpha.com/article/4660192-cper-the-compelling-case-for-copper-in-2024
Robert Friedland (founder and Chairman of Ivanhoe Mines) recently forecasted that significant new copper supplies would only be available once the price reached the US$15,000 per tonne level. In a Bloomberg TV interview, he said:
“We probably need about US$15,000 a tonne, stable for a long period of time, before the industry can really gear up and build those giant mines.”
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.
The Compelling Case for Copper in 2024...
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