According to Report Linker's latest copper report, the global copper market reported a value of US$170.6 billion in 2022, which is projected to reach a size of US$298.4 billion in 2030, a 7.2% compound annual growth rate.
Our outlook for 2023 and 2024 is: when you get a dip in copper prices, it's something to have in your portfolio. There is just not enough supply. And when we look at everything that's happening in the environmental space, the renewables, everything, copper is a key component.
According to Layton, copper could top out at $15,000 a ton by 2025, a jump that would “make oil's 2008 bull run look like child's play.”
According to Report Linker's latest copper report, the global...
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Last
3.8¢ |
Change
-0.006(13.6%) |
Mkt cap ! $33.68M | |||
| Open | High | Low | Value | Volume |
| 4.3¢ | 4.3¢ | 3.8¢ | $98.65K | 2.470M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 43460 | 3.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.8¢ | 34368 | 1 |
View Market Depth
| Last trade - 15.50pm 06/05/2024 (20 minute delay) ? |
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Last
3.9¢ |
Change
-0.006 ( 11.4 %) |
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| Open | High | Low | Volume | ||
| 4.2¢ | 4.2¢ | 3.9¢ | 490927 | ||
| Last updated 13.11pm 06/05/2024 ? | |||||
| HMX (ASX) Chart |