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Miners need to invest over $100 billion to meet copper demand

Cecilia Jamasmie | March 31, 2022 | 4:44 am Intelligence Markets News Suppliers & Equipment Top Companies Africa Asia Australia Canada Latin America Copper

Miners need to invest over $100bn to meet copper demand
The world needs eight projects the size Escondida in Chile, the world’s largest copper mine, in the next eight years. (Image of Escondida courtesy of BHP.)

The global copper industry needs to spend more than $100 billion to build mines able to close what could be an annual supply deficit of 4.7 million tonnes by 2030, Erik Heimlich, head of base metals supply at CRU said this week.

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https://www.mining.com/miners-need-to-invest-over-100bn-to-meet-copper-demand/

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