The copper price has moved from 2 USD per pound to now 3 USD per pound. This signals a major upward trend change and we see very likely copper prices to move to 4.25 – 4.50 USD per pound within the next 2 years. Supply-Demand disruptions occur already but producer Copper Mountain brings costs down and is profitable but still undervalued, Jochen Staiger, CEO & Founder, Swiss Resource Capital AG.
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