“Tight supply will then become the key focus for the market, which should support prices above $8,000/t in the last quarter of 2023.”
Given copper demand is expected to increase "in response to the growing demand for renewable energy and electric vehicles", investors are looking for the next high-potential junior miner & Interra Copper ($IMCX. $IMIMF) is one to keep an eye on.
IMCX is set to completing it's amalgamation with Alto Verde for its significant land package totaling 16,250 hectares with 3 mid- and early-stage properties located on the Chilean copper belt.
The properties are in close proximity to several of the world's largest mines, including Antofagasta Minerals ($ANTO), the largest copper mining company & largest mining company in the world BHP Billiton ($BHP $BHP.ax), Glencore ($GLEN), and the second largest mining company in the world Freeport-McMoRan ($FCX).
https://www.recyclingtoday.com/news/is-copper-pricing-poised-to-surge/
Posted on behalf of Interra Copper Corp