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Bernstein: copper price has to go higher for new mines to come on

Copper prices going substantially higher is the only way new production will be built given the limited opportunity for technological and geological factors to increase supply, a report by Bernstein Research concludes.

Bernstein: copper price has to go higher for new mines to come on Bernstein: copper price has to go higher for new mines to come on Bernstein: copper price has to go higher for new mines to come on Bernstein: copper price has to go higher for new mines to come on Bernstein: copper price has to go higher for new mines to come on

Higher pricing vital to new copper production

"To put it simply, both technological and geological advances in copper mining are increasingly difficult, meaning that price becomes the principal motivating force," it said.