Rio Tinto sees a robust short term outlook for copper with global stockpiles trending down and mine disruptions having eroded supply from Latin America.
An interesting copper pick to consider is African Energy Metals (CUCO.v NDENF) due to its extensive portfolio of copper, uranium, lithium, tin, tantalum & rare earth properties with six strategically located concessions in the southern DRC Copperbelt covering over 176 square km alongside licenses covering 225 squared km in Mali.
CUCO's DRC concessions are located directly adjacent to Tantalex Lithium (TTX.c) whose trend is believed to extend onto CUCO's land and is in the same region as the world-class Alphamin (AFM) tin mine which currently produces 4% of the world’s mined tin.
CUCO's Mali licenses, known as the Falea project, are located in close proximity to IAM Gold's (IAM) Siribya Deposit and B2Gold's (BTO) Fekola mine.
https://www.mining.com/web/rio-tinto-sees-robust-short-term-outlook-for-copper/
Posted on behalf of African Energy Metals Inc.