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$15,000 copper needed to spur new supply

Copper prices are well short of the levels needed to spur new mine investment, the FT Commodities Global Summit in Lausanne, Switzerland heard.  

William Clarke
$15,000 copper needed to spur new supply

Guy Wolf, global head of market analytics at Marex Spectron, said copper markets are facing an ever-tightening supply situation.  Copper is currently trading at around US$8500/tonne, after hitting...

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