[MEDIA] I am still expecting copper to hit US$5 per pound...

I am still expecting copper to hit US$5 per pound (~US$11,000/tonne) by the end of this calendar year based on:

1. No electrification/decarbonisation without copper;
2. The 'green energy' revolution will support a surge in copper demand;
3. The copper market is unprepared for this critical role; and
4. Political risk in Chile and/or Peru.

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.