BASE METALS

Copper set to reap what price sowed

CANADIAN diversified major Teck believes gap between supply and demand gap could potentially be as high as 5 million tonnes by 2025, with the longest price decline in red metal history over the past six years wreaking havoc on the production pipeline.

Michael Quinn
Copper set to reap what price sowed

Teck’s Michael Schwartz told the PDAC Convention in Toronto that project developments have been stymied while cost cutting, including high grading, is set to have a negative impact on some current operations....

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