Copper will be harder for them as the western world has strong geographical control if it wants. American influence over South America and Australia is strong, which is where a huge amount of the raw ore is produced.
China produces a lot of refined copper but mainly because they are sent copper to refine.
They might try and use their economy tanking to buy up stakes in listed copper mines, but the west can block this easily.
Also while you might assume Africa does not like the west because of it's history, the situation is a lot more nuanced and they are very wary of china in some parts these days.
Either way copper has so many bullish factors behind it, I cannot get enough of various copper stocks.
Copper will be harder for them as the western world has strong...
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Last
15.0¢ |
Change
-0.010(6.25%) |
Mkt cap ! $44.90M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.0¢ | 15.0¢ | $67.22K | 434.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 27345 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 14924 | 1 |
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| Last trade - 15.43pm 10/05/2024 (20 minute delay) ? |
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Last
15.0¢ |
Change
-0.010 ( 3.23 %) |
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| Open | High | Low | Volume | ||
| 15.5¢ | 16.0¢ | 15.0¢ | 285553 | ||
| Last updated 15.43pm 10/05/2024 ? | |||||
| RDM (ASX) Chart |