Copper Prices May go “BANANAS”
Instead of NIMBY, they are now talking about BANANA, or Build Absolutely Nothing Anywhere Near Anybody.
The Energy Transition Has A Metals Problem
Authored by Irina Slav via OilPrice.com,
Large traders expect much higher prices for copper in the near future.
A transition to net zero would thus require much more copper than we are producing now on a global scale.
The long lead time from exploration to production is a growing problem for many industrial metals.
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