Home: Funds unimpressed by mounting copper supply disruption
Macro headwinds in the form of slowing growth impetus in China and the spread of the Delta variant of covid-19 are currently outweighing copper’s micro-dynamics.
Experts say that, when done correctly, artisanal mining can be an ethical source of low-cost, high-grade cobalt and a key mechanism in keeping the market balanced during times of supply shortage.
The project, known as the Salobo 3, is expected to add about 50,000 tonnes to the open-pit mine’s current capacity of 200,000 tonnes of copper per year
Peru has the potential to overtake Chile to become the world’s biggest copper producer, but it’s being held back by a lack of infrastructure and a ten-fold increase in permitting in the last seven years