GREY:NEVDQ - Post by User
Post by
bogfiton Dec 05, 2023 8:21am
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Post# 35768568
2025 primary copper supply will "start to fall off a cliff,"
2025 primary copper supply will "start to fall off a cliff," says Nicole Adshead-Bell, chair of Hot Chili Adshead-Bell at the 2023 Precious Metals Summit Zurich event.
"Six to $8 [a pound] for me is the price where you see corporations willing to take the risk to start investing in copper projects… Glencore's CEO Gary Nagle earlier this year said we will not bring on new supply until the market is screaming for it, and the market will be screaming for it when the copper price is materially higher."
No new copper projects until the market is 'screaming for it' | Kitco News
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