Now, certain estimates … analysts expect that mining capital expenditure needs to be somewhere around USD 1.7 trillion over the next 15 to 20 years. Now, this compares to just around USD 600 billion of capital expenditure in copper mining that took place in the previous 15 years. So, just summarizing those numbers, capital expenditure needs to go up by 2-3-times in the next 15 to 20 years compared to the last 15 to 20 years – just a ballpark to get a sense of where we are.
DVP Price at posting:
$3.19 Sentiment: Buy Disclosure: Held
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