Copper Rises, Investors Eye Supply Defecit

Base Metals Investing

Excelsior Mining, on Wednesday, presents March highlights for Copper.

Excelsior Mining, on Wednesday, presents March highlights for Copper.

The editorial is quoted as saying:

World refined copper consumption exceeded production by 305,000 tonnes last year, compared with a 175,000 tonne surplus the year before, the International Copper Study Group (ICSG) said in its latest monthly bulletin…Rio Tinto Ltd said it expected global consumption of the metal over the next 20-30 years to exceed the total historical consumption to date.

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