Copper Price Set to Rebound Amid Supply Shortages and EV Demand Surge, Miners Respond
FCXFreeport-McMoRan(FCX) Prnewswire·2024-07-26 22:37

Energy Metals News CommentaryIssued on behalf of Usha Resources Ltd. VANCOUVER, BC, July 26, 2024 /PRNewswire/ -- Energy Metals News – Despite recent setbacks in the price of copper (falling 20% in just two months), analysts at big banks and funds such as BMO, Citi, and Goldman Sachs believe that factors such as a recent Chinese smelter supply shortage and constrained mine supply will push the red metal's price back up. According to a report from Financial Times, the world's largest copper miners are predic ...