Antofagasta remains optimistic about copper prices and strong spot demand support

Published: Oct 8, 2018 16:14

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SMM, Oct. 8: Antofagasta CEO Ivan Arriagada said in an interview with Bloomberg that the direct impact of trade wars on copper consumption in emerging markets may be mild;

* the general decline in the grade of copper mines, a commodity in short supply;

* over time, Antofagasta will develop its own copper reserves;

* do not consider mergers and acquisitions to be an important part of today's copper market;

* Copper used in electric vehicles could jump to nearly 2 million tons by 2030.

Antofagasta price forecast

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