Home / Metal News / Antofagasta remains optimistic about copper prices and strong spot demand support

Antofagasta remains optimistic about copper prices and strong spot demand support

iconOct 8, 2018 16:14
Source:SMM

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

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news