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Strong and long copper deficit on its way

Increasing demand from electric vehicles and consumer electronics, and an insufficient project pipeline, is likely to result in a prolonged copper supply deficit into the future, attendees heard at the Mining Indaba conference in Cape Town on Tuesday.

Copper > Events-coverage

Strong and long copper deficit on its way

Increasing demand from electric vehicles and consumer electronics, and an insufficient project pipeline, is likely to result in a prolonged copper supply deficit into the future, attendees heard at the Mining Indaba conference in Cape Town on Tuesday.

Strong and long copper deficit on its way

Speakers on the Mining Indaba copper panel were bullish on the red metal over the long term

Anglo American (LN:AAL) executive head of marketing for base and special metals Alex Schmitt said, looking ahead, a supply deficit was inevitable.