Nevada Copper Corp NEVDQ

Metals & Mining Copper

Nevada Copper Corp is a Canada-based mining company. The Company is engaged in the development, operation, and exploration of its copper project (the Project) at its Pumpkin Hollow Property (the Property) in Western Nevada, United States of America. Its two fully permitted projects include the high-grade Underground Mine and processing facility, which is undergoing a restart of operations, and a large-scale open pit PFS stage project. The Property is located in northwestern Nevada and consists of approximately 24,300 acres of contiguous mineral rights including approximately 10,800 acres of owned private land and leased patented claims. Pumpkin Hollow is located approximately 8 miles southeast of the small town of Yerington, Nevada in Lyon County, one- and one-half hours drive southeast of Reno. The Company’s wholly owned subsidiary is Nevada Copper, Inc.

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Nevada Copper Corp > Codelco hikes 2022 copper premium for Chinese buyers: 19%.

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Post by my69zon Nov 01, 2021 6:02pm

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Codelco hikes 2022 copper premium for Chinese buyers: 19%.

"The premium, which is up 19.3% from $88 a tonne this year, is paid on top of London Metal Exchange copper prices for physical delivery of copper cathodes into China"

"The higher premium continues a trend of higher premiums for next year due to strong copper demand and very low inventories"

Like Freeport also pointed out --- these shortages do not even include the coming EV/Renewables effect, until start of 2022.

So it begins.

CORRECTED-UPDATE 1-Chile's Codelco hikes 2022 copper premium for Chinese buyers - sources | Reuters

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