Rising capital costs and declining ore grades at legacy mines are driving a sustained bull market in the copper industry, presenting both challenges and opportunities for growth.
Tag:
Copper market
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For the first time, the DRC has sold copper from its own joint ventures, marking a significant milestone in enhancing control over its mineral resources.
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The copper market faces renewed caution from investors due to economic volatility, supply chain disruptions, and mixed signals from major economies, impacting market dynamics.
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Analysts predict funds will retreat from the copper market due to sluggish demand in China and high inventories, adding pressure to prices.