Home » Internet, Picture Gallery » Copper – a metal with the best prospects for the future

Copper – a metal with the best prospects for the future





 

Many technical applications only work with copper and increasing demand must be assumed.

Even though the copper price has just gone down, copper will be in high demand in the coming years as a base metal for everything from electric vehicles to copper cables. Currently, the lockdown in China and fears of uncertainties related to the Ukraine war are hurting the metal\-s price. China is responsible for more than half of copper demand, so concerns about the Chinese economy are having an impact on the price of the economic metal. However, the government there wants to support the economy. The risk that hefty interest rate hikes by the Fed will have a braking effect on the economy is probably causing the mood to deteriorate. The fact that the supply of copper, which normally comes from Russia, is lower in the course of the war is probably being overlooked. Commerzbank, for example, expects prices to rise again soon, especially for copper.

At the end of April, the International Copper Study Group (ICSG) also spoke out, and optimistically. Although, after years of a copper deficit, supply is expected to be greater than demand this year, the negative aspects (war and lockdown) could lose their scare. And in the long term, the ICSG expects strong copper demand, caused by technological progress. Thus, analysts such as global business intelligence firm CRU definitely see a copper deficit in a few years. Those who want to bet on copper should take a look at Kutcho Copper or Torq Resources.

Kutcho Copper – https://www.youtube.com/watch?v=sxgE0FrL-Dg – owns the Kutcho project in British Columbia, which contains zinc as well as copper and has a positive feasibility study.

Torq Resources has the Margarita, Santa Cecilia and Andrea projects in Chile in its portfolio, thus copper and gold in the ground.

Current corporate information and press releases from Kutcho Copper (https://www.resource-capital.ch/en/companies/kutcho-copper-corp/ -) and Torq Resources (https://www.resource-capital.ch/en/companies/torq-resources-inc/ -).

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 – 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/





Posted by on 11. May 2022. Filed under Internet, Picture Gallery. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

You must be logged in to post a comment Login

Archive

Recent Comments

    © 2022 So-Co-IT. All Rights Reserved. Log in - Copyright by LayerMedia


    Blogverzeichnis - Blog Verzeichnis bloggerei.de Blog Top Liste - by TopBlogs.de Bloggeramt.de