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Risks and opportunities in the long-term copper market
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Report summary
There is a need for new copper mines with a 2023 supply peak looming - but there are risks. Energy transition is establishing new demand growth opportunities for copper end use. Scrap supply is a risk on the requirement for mine production. Substitution also remains a threat. Delivering the quantity of new mine production will be challenging and project quality is a also hurdle, with lower grades, higher capital and operating costs.
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