GREY:NEVDQ - Post by User
Comment by
bogfiton Nov 01, 2021 5:25pm
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Post# 34074945
RE:Clean up
RE:Clean up"...unprecedented demand for copper and other battery related metals."
Yes, yes, we get all that. Now can we start talking about supply? You know, that other thing that sets price?
Example: 2023 El Nino flooding in Peru blocks 90% of concentrate reaching the coast.
The effect of such a copper deficit actually could be estimated, but as mining investors it is more important IMO that during DD we consider the project’s or mines vulnerability to extreme weather. It's just a new risk that should be considered, but few do.
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