BASE METALS

Massive investment in copper needed to fill supply gap

OVER US$100 billion in investment is needed to build new copper mines to fill the supply gap, CRU Group head of base metals supply Erik Heimlich told delegates at the 2022 CRU World Copper Conference.

Paul Harris in Santiago
Massive investment in copper needed to fill supply gap

With an estimated 6 million tonne per year supply gap forecast over the next 10 years Heimlich questioned whether the current pipeline of projects is able to respond given the bigger scale developments...

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