Copper Miners Glimpse the Future They’ve Long Seen Coming
A sudden supply drop and gathering confidence in an economic recovery have sent prices soaring.
Miners at Zijin Mining Group Co.’s Cukaru Peki copper and gold mine in Serbia.
Photographer: Bloomberg
Welcome to Energy Daily, our guide to the energy and commodities markets powering the global economy. Today, reporter Thomas Biesheuvel looks at the drivers of the copper market as demand gathers pace. To get this newsletter in your inbox, you can sign up here.
For much of the past decade, there’s been a widely accepted orthodoxy in the mining industry that copper is the place to be.