"While the severity of the new variant remains a big uncertainty, it casts a shadow over demand growth in the near future and further complicates the supply chain," said ING.
Sum allows the miner to continue progressing critical activities at the underground expansion, but doesn’t guarantee further crucial investment will get approved.
Copper, nickel and zinc prices could be saved from worst effects of any new virus-related restrictions as historically low global stockpiles intensify fears of supply disruption.
