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Copper headed for US$4.50/lb, or higher RBC says

Bank warns of "hard capital allocation decisions" to come

William Clarke
Copper headed for US$4.50/lb, or higher RBC says

The investment bank is forecasting copper prices of US$4.50/lb from 2025-2027, as production lags rising demand, and warns that this forecast "could be conservative if supply struggles to respond". ...

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