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$15,000 copper needed to spur new supply

Copper prices are well short of the levels needed to spur new mine investment, the FT Commodities Global Summit in Lausanne, Switzerland heard.  

$15,000 copper needed to spur new supply $15,000 copper needed to spur new supply $15,000 copper needed to spur new supply $15,000 copper needed to spur new supply $15,000 copper needed to spur new supply

Guy Wolf, global head of market analytics at Marex Spectron, said copper markets are facing an ever-tightening supply situation.