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China spiting itself by 'weaponising' copper

China’s dumping of metals, including copper, in an effort to "discipline the US" is set to lower copper supply and boost prices which in turn will mostly impact the world’s largest consumer of the red metal – China itself.

China spiting itself by 'weaponising' copper China spiting itself by 'weaponising' copper China spiting itself by 'weaponising' copper China spiting itself by 'weaponising' copper China spiting itself by 'weaponising' copper

The underground development part of Ivanhoe and Zijin's Kamoa-Kalula copper project

Hallgarten & Company analyst Christopher Ecclestone said in a note this week that China's "weaponisation" of copper by flooding the market with its stockpiled supply in retaliation for US trade tariffs was an unsustainable strategy.

He said the "ill-thought out" strategy would put an extended dampener on development and exploration by damaging or delaying the financing prospects of various developers, ultimately leading to highe...