The calm in the copper market The long-term bullish scenario for copper is in stark contrast to the silence surrounding Candente and the copper market.
https://www.mining.com/charts-fast-untainable-gap-between-green-energy-copper-demand-and-mining-supply/?utm_source=Daily_Digest&utm_medium=email&utm_campaign=MNG-DIGESTS&utm_content-untainable- -divarius- between-green-energy-copper-demand-and-mining-supply
Overall, according to the previous article, the copper market is still too calm in view of the challenges ahead.
At some point, however, things have to get going if decarbonization is to be taken seriously.
Copper's current price of $7,500 per tonne doesn't seem to signal the red metal's expected shortages.
We will likely go above $10,000 per ton, peaking as high as $15,000 per ton,
to determine the necessary investments.