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RBC: US$200B required to fill copper gap

The investment banker forecast 2024 prices at $4.25-4.50/lb

Paul Harris
Copper cathodes in Chile

Copper cathodes in Chile

RBC Capital Markets estimates that at least US$200 billion of capital spending is required over the next 10 years to fill the estimated 10Mt deficit in copper supply by 2035 - although this could be higher...

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