logo-loader
viewRoskill

Analyst points to 'looming shortage' of copper projects with demand set to rise

Roskill analyst Jonathan Barnes discusses with Proactive London's Andrew Scott his copper demand outlook report through to 2035.

''Asia is where 60-70% of the total demand is coming from and we see that demand growing by 50% from current levels ... so by the time we get out to 2035 three quarters of total copper use is going to be in Asia.

''If the copper miners don't invest now then there's a risk you might see a big spike in prices which can be very harmful''.

''We could see another period of very high copper prices causing substitution losses in vulnerable applications''.

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Full interview: Immotion plans fundraising following deal with Las Vegas resort

Immotion Group (LON:IMMO) has raised gross proceeds of £2.85mln from an 'oversubscribed' fundraising to accelerate its growth plans, and revealed it has inked a revenue-sharing deal with the MGM Mandalay Bay resort and casino in Las Vegas. CEO Martin Higginson tells Proactive London what the...

2 days, 15 hours ago

2 min read