Post by
horsewithnoname on Jul 03, 2024 8:48am
Our time is coming soon
According to Blackrock’s Olivia Markham, the price of copper would need to reach $12,000/t to spur large-scale investments in new mines. Current prices, although rising, don’t render new projects economical just yet when weighed up against the convenience of M&A. However, big companies with bullish beliefs and the capital to act on their beliefs may view this as a chance to get assets ‘cheap’.