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Teck: Cu market faces deficit

Price response to come from shrinking project pipeline

Teck: Cu market faces deficit Teck: Cu market faces deficit Teck: Cu market faces deficit Teck: Cu market faces deficit Teck: Cu market faces deficit

The mining industry has underinvested in copper production and is now looking at a deficit

Schwartz said the reaction to lower copper prices was to cut expansion spending and sustaining capital investment, whilst some mines resorted to high-grading to remain profitable and operating above

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