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Copper Prices May go “BANANAS”

Copper Prices May go “BANANAS”

Instead of NIMBY, they are now talking about BANANA, or Build Absolutely Nothing Anywhere Near Anybody.

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VBL
May 17, 2023
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Copper Prices May go “BANANAS”
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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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