Copper still below incentive price for new mines

COPPER prices going substantially higher is the only way new production will be built given the limited opportunity for technological and geological factors to increase supply, according to Bernstein Research.

Copper still below incentive price for new mines Copper still below incentive price for new mines Copper still below incentive price for new mines Copper still below incentive price for new mines Copper still below incentive price for new mines

Higher pricing vital to new copper production

"To put it simply, both technological and geological advances in copper mining are increasingly difficult, meaning that price becomes the principal motivating force," it said.

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