Energy Metals News CommentaryIssued on behalf of Usha Resources Ltd.
VANCOUVER, BC, July 26, 2024 /PRNewswire/ -- Despite recent setbacks in the price of copper (falling 20% in just two months), analysts at big banks and funds such as BMO, Citi, and Goldman Sachs believe that factors such as a recent Chinese smelter supply shortage and constrained mine supply will push the red metal's price back up. According to a report from Financial Times, the world's largest copper miners are predicting closer collaboration with their end users as copper shortages are set to flare up in the years ahead. A new study from the International Energy Forum, is already warning that the world needs 55% more copp