CHARTS: The coming critical minerals trade war is BRICS short of a load
"While a large number of countries around the world continue to talk about securing raw material supply, China is actually doing something about it."
London copper futures rose for a second day on Wednesday as supply worries brought on by an extended strike at the world’s largest copper mine countered concerns over protracted talks in the United States to lift its debt limit.
But the thin trading volumes in Asian hours and modest gains suggest investors were far from aggressive in pushing up copper prices, now trading just around 3 percent away from historic highs, given a shaky outlook for global demand.
Satellite image of Escondida Mine in Chile