The largest copper mine on the planet is battling with decreasing ore quality. This is a case study of how the largest mines on the globe need massive capital investments to keep copper production at a meaningful level.
In view of increasing fears of recession, shares of mining and mining companies have recently come under pressure. Although they have since recovered somewhat, the current level still offers an attractive opportunity for entry.
First published at CAPinside 15.6.2022
We believe the IEA report is a long-term idealistic roadmap which will put more pressure on the oil sector, but has no real implications for the near term. If the IEA’s net-zero scenario gets adopted by policy makers, it could actually curb investments in the oil sector even further and create more oil price volatility.
We believe it will become increasingly difficult to source enough copper in the current price environment and see significant risk associated with future global supply of copper.
What might seem as a large copper inventory, hosted in global copper deposits, warrants a closer look.
