Copper reaches tipping pointUp to now Heppenstall said there has been an extended period where companies did not invest in new supply. Companies were rewarded for conservatism, but the recent spike in copper prices has changed the landscape. When asked if an incentive price for moving projects forward had been hit, Heppenstall said: "we're pretty much there already." "Boards and management need to be a little bit more aggressive," said Heppenstall, who noted a steep drop in copper supply with demand set to increase. "We are going to see more of a focus on undeveloped projects."With copper hitting a multi-year high, copper projects can finally start being pulled off the shelf.
During the podcast, David Lin's interview with Peter Grandich was reprised. Grandich is founder of Peter Grandich & Co. With the world embracing renewable energy, nuclear power will see substantially more use in energy grids around the world and with it bring up uranium prices and uranium stocks, said Grandich.