Despite the current softness in global copper prices and an expected market surplus next year, a lack of copper mines under development could undermine the pace of the energy transitions, according to top copper industry executives. Analysts say that increasing copper inventories signal weakening demand amid slowing global manufacturing, and are potentially anticipating recessions in developed economies.
Due to the energy transition push, industry executives and analysts still expect high demand for copper in the medium and long term. But…OPEC Says Oil Industry Needs $14 Trillion Of Investment By 2045
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