BHP’s chief executive said recently that boosting copper supply to a degree that would ensure meeting demand by 2030 would require $250 billion in investment. But according to Clareo’s Bryant, “peak demand, starting roughly in 2035, does not last for the life of a major asset so there’s no incentive to build new supply that will only be needed for a fraction of the life of an asset.” 

Maybe this is why Teck is slow to move.

Ah so many different rants in the copper space.