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N.America Q3 copper results point to supply tightness

Leading North American copper producers have posted Q3 results highlighting weaker production, guidance cuts, and higher costs, a combination that provides ammunition to mining firms and analysts who warn of structural shortages ahead for the red metal.

N.America Q3 copper results point to supply tightness N.America Q3 copper results point to supply tightness N.America Q3 copper results point to supply tightness N.America Q3 copper results point to supply tightness N.America Q3 copper results point to supply tightness

N.America copper supply seen lower

The Q3 reporting season for Toronto and New York-listed miners has resulted in an average decrease of 113,000t a year of expected copper production in the 2022-2026 period, including 155,000t in 2023,