Freeport-McMoRan on Copper Prices: You Ain't Seen Nothing Yet, an Industrial Info News Alert
Those expectations for copper are flat when compared with 2023's results, but exceed last year's sales of gold and molybdenum.
- Those expectations for copper are flat when compared with 2023's results, but exceed last year's sales of gold and molybdenum.
- "As a result, inventories of copper around the world are at historically low levels, and the inventory levels are really inconsistent with the current copper price."
- Looking ahead, the world's going to need significantly more copper in the future for a variety of factors.
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