Welcome To the Copper Fox Metals Inc. HUB On AGORACOM

CUU own 25% Schaft Creek: proven/probable min. reserves/940.8m tonnes = 0.27% copper, 0.19 g/t gold, 0.018% moly and 1.72 g/t silver containing: 5.6b lbs copper, 5.8m ounces gold, 363.5m lbs moly and 51.7m ounces silver; (Recoverable CuEq 0.46%)

Free
Message: A copper deficit of 521,000 tonne in 2021
Reply New Message
Prev Message Back To Forum Threaded View Next Message

This is from an article on zero-hedge which I can't copy.


Will Supply Meet Demand?

According to Citigroup, the global copper market is expected to be in a 521,000 tonne deficit in 2021—and the transition to renewables is still in its early stages.

While the demand for copper comes from a range of industries, the majority of its supply comes from a few regions, making the supply chain susceptible to disruptions. Mine shutdowns in 2020 exemplified this, as copper production fell by around 500,000 tonnes.

3 Recommendations
Reply New Message
Prev Message Back To Forum Threaded View Next Message
Share
Share
New Message
Please login to post a reply