(Bloomberg) — Europe’s top copper producer Aurubis AG warned it may face losses in the hundreds of millions of euros after being hit by a massive metal theft, and no longer expects to meet its profit forecast for the year. The company doesn’t yet know...
Continue reading » September 1, 2023 admin Copper 1 Comment Anglo-Australian group rethinks strategy in race to extract metal vital for clean energy transition… LINK to article.
Continue reading » August 6, 2023 admin Copper No Comment Simply put, the road to reaching net zero begins and ends with copper. All infrastructure built to support renewable energy uses large amounts of copper, as the metal is a highly efficient conductor of electricity and heat. To keep the energy transition going, millions of...
Continue reading » July 26, 2023 admin Copper No Comment Continue reading » May 15, 2023 admin Copper, Investing Clips No Comment “The world just doesn’t get it. It doesn’t understand that there’s a massive copper deficit coming.” These were the comments from Glencore CEO Gary Nagle only a few months ago. He went on to add “The world will stop without the additional copper supply. But...
Continue reading » April 30, 2023 admin Commodities, Copper No Comment Global copper stocks have fallen to perilously low levels, one of the world’s largest commodity traders Trafigura has warned… LINK to article.
Continue reading » October 25, 2022 admin Copper No Comment (Bloomberg) — The world is headed for a severe shortage of copper crucial to the green-energy transition as new mines become increasingly difficult to build, according to the new head of Anglo American Plc. “I genuinely don’t see where all of this copper is going...
Continue reading » July 31, 2022 admin Commodities, Copper No Comment 
