More good news for copper .Hopefully ESM investors as well! Too early to call a commodities 'supercycle', but watch these metals - CRU's chief economist------ PDAC presentation ( Kitco news )
( surely if copper is this popular a mine with copper can be sold / built )
excerpt: ::
Some metals supply gaps will emerge by 2030 in light of the changing landscape, especially for copper and nickel.
"Only 80% of copper and nickel demand will be met by existing projects. There is a 20% deficit in both. That doesn't mean there are no projects on the horizon, but in order for them to come on stream, they need to go through the process of permitting, feasibility, and financing," Saleheen said. "For coper, this means $100 billion of investment is required to meet those supply gaps."