The copper market is not equipped for the copper demand of the next few years. This offers opportunities for companies with copper.
If the production volume of copper does not increase, bottlenecks are imminent, at the latest by the end of the decade. This is because the emerging electromobility and green energy sectors are consuming a great deal of copper. There are voices that consider 15,000 U.S. dollars per ton of copper to be appropriate. The real estate market also needs the reddish metal. Even the global economic situation, which does not inspire much rejoicing at the moment, does not change this. China gobbles up around 55 percent of the world's copper. And China's economy is expected to recover visibly. The future price of copper will therefore be based primarily on China's economic development. The country is also supporting the real estate market. In addition, there are low inventories as well as disruptions in copper production and low ore grades. In Peru, strikes are a recurring problem, hampering production. The Congo, for example, also an important copper country, does not necessarily score highly for stability.
Chile is the world's largest copper producer, followed by Peru. Then come the Congo, China and the USA. The green revolution, the Internet of Things or China's "Made in China 2025" program will fuel copper demand. And if the market recognizes the major imbalance between supply and demand, then the copper price should go up. Not least because sales of vehicles with combustion engines will soon peak.
And the increasing number of electric vehicles is gobbling up up to three times as much copper as conventional vehicles. It should therefore be worthwhile to invest in companies that also have copper in their projects, such as GoldMining or Hannan Metals.
GoldMining - https://www.commodity-tv.com/ondemand/companies/profil/goldmining-inc/ - has a large block of shares in Gold Royalty in its portfolio, in addition to gold and gold-copper projects in North and South America.
Hannan Metals - https://www.commodity-tv.com/ondemand/companies/profil/hannan-metals-ltd/ - is underway in Peru, Chile and Ireland. Hannan Metals' San Martin project contains copper and silver.
Current corporate information and press releases from Hannan Metals (- https://www.resource-capital.ch/en/companies/hannan-metals-ltd/ -) and GoldMining (- https://www.resource-capital.ch/en/companies/goldmining-inc/ -).
In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.
Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/
If the production volume of copper does not increase, bottlenecks are imminent, at the latest by the end of the decade. This is because the emerging electromobility and green energy sectors are consuming a great deal of copper. There are voices that consider 15,000 U.S. dollars per ton of copper to be appropriate. The real estate market also needs the reddish metal. Even the global economic situation, which does not inspire much rejoicing at the moment, does not change this. China gobbles up around 55 percent of the world's copper. And China's economy is expected to recover visibly. The future price of copper will therefore be based primarily on China's economic development. The country is also supporting the real estate market. In addition, there are low inventories as well as disruptions in copper production and low ore grades. In Peru, strikes are a recurring problem, hampering production. The Congo, for example, also an important copper country, does not necessarily score highly for stability.
Chile is the world's largest copper producer, followed by Peru. Then come the Congo, China and the USA. The green revolution, the Internet of Things or China's "Made in China 2025" program will fuel copper demand. And if the market recognizes the major imbalance between supply and demand, then the copper price should go up. Not least because sales of vehicles with combustion engines will soon peak.
And the increasing number of electric vehicles is gobbling up up to three times as much copper as conventional vehicles. It should therefore be worthwhile to invest in companies that also have copper in their projects, such as GoldMining or Hannan Metals.
GoldMining - https://www.commodity-tv.com/ondemand/companies/profil/goldmining-inc/ - has a large block of shares in Gold Royalty in its portfolio, in addition to gold and gold-copper projects in North and South America.
Hannan Metals - https://www.commodity-tv.com/ondemand/companies/profil/hannan-metals-ltd/ - is underway in Peru, Chile and Ireland. Hannan Metals' San Martin project contains copper and silver.
Current corporate information and press releases from Hannan Metals (- https://www.resource-capital.ch/en/companies/hannan-metals-ltd/ -) and GoldMining (- https://www.resource-capital.ch/en/companies/goldmining-inc/ -).
In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.
Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/
