"It's a perfect copper storm."
The following Freeport-McMoRan Inc slide captures current copper market conditions succinctly.
The worldwide renewable energy transition should create a surge in demand for copper. As a core metal used in renewable energy infrastructure, copper has 4 key properties (conductivity, ductility, efficiency and recyclability) that make it critical for the renewable energy transition.
Source: Slide 4 from Freeport-McMoRan Inc October 2022 presentation.
http://s22.q4cdn.com/529358580/files/doc_presentations/2022/FCX_3Q22_CC.pdf
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.
"It's a perfect copper storm." The following Freeport-McMoRan...
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