World’s biggest miners want more copper, but nobody’s selling

World’s biggest miners want more copper, but nobody’s selling

Demand for metal is high – supply is not
A dump truck operates in an open pit at the Oyu Tolgoi copper-gold mine in the South Gobi desert of Mongolia recently. The largest miners all say they’re bullish on copper and looking for growth in the metal that’s forecast to be in ever-greater demand as cities expand and electric vehicles gain traction. The problem is, nobody who owns a copper mine wants to give it up.

World’s biggest miners want more copper, but nobody’s selling

A dump truck operates in an open pit at the Oyu Tolgoi copper-gold mine in the South Gobi desert of Mongolia recently. The largest miners all say they’re bullish on copper and looking for growth in the metal that’s forecast to be in ever-greater demand as cities expand and electric vehicles gain traction. The problem is, nobody who owns a copper mine wants to give it up.
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