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Copper Suppliers & Producers Prepping For The Green Initiative & Supply Chain Shock
I speak with Steve Robertson of Infinitum Copper about China and the world demand for copper and the agenda of the new green initiative. If your looking for copper mining stocks then you may want to keep this on your radar because this is a new company. Copper supply is expected to increase this year, but will it be able to keep up in the long term? Experts are forecasting a major shortage in the years ahead. Copper prices have been on the rise since last year, reaching a fresh all-time high in early March at US$10,674 per tone, partially on the back of concerns over low inventory levels. In the short term, demand may rise in 2022, but still come in lower than supply. Top consumer China’s growth seems to be taking a pause, and supply for the red metal is forecast to increase, supported by a recovery in mine output, expansions and new projects expected to come online later this year.
If you would like more information about Infinitum Copper here is some information:
https://infinitumcopper.com/
T S X V : I N F I
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