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What the copper price is all about right now


The demand outlook for the economic metal copper has taken a turn for the better. Strong data from the USA and from China, the largest copper consumer, have made the reddish metal more expensive. China\-s copper imports rose to nearly 470,000 metric tons in July, up more than nine percent year-over-year. Likewise, the data from China, which is expected soon on the subject of investment, house prices and industrial production, could have an effect. In addition, copper inventories in LME-registered warehouses are low. This also supports the copper price. The recently weaker U.S. dollar is also making commodities more popular.

And copper should be in greater demand in the next few years as the economy expands, because it is a crucial metal for the global economy. In particular, the increase in renewable energies and electromobility will increasingly need copper in the coming years. This potential must not be underestimated. If demand increases, the price of the metal also rises, which in turn increases the returns of copper companies and thus strengthens share prices. When selecting copper companies, investors should look for the highest possible quality resources and low production costs. Whether a company is debt-free, or how much debt it has, is also of interest, as is whether the copper projects are located in mining-friendly regions. Among the promising companies with copper in projects is Kutcho Copper – https://youtu.be/-IJVP6-cG28 . In British Columbia, the company is advancing its Kutcho project. A highly positive feasibility study is already available. Torq Resources – https://youtu.be/Yf-0L2au5ik – also has copper in the ground in addition to gold, in various projects in Chile. Torq Resources is backed by a very successful management team.

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

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

Disclaimer: The information provided does not constitute any form of recommendation or advice. Express reference is made to the risks involved in securities trading. No liability can be accepted for any damages arising from the use of this blog. I would like to point out that shares and especially warrant investments are fundamentally 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 a mistake, especially with regard to figures and prices. The information contained is taken from sources that are considered reliable, but in no way claim to be correct or complete. Due to judicial decisions the contents of linked external pages are to be answered for (so among other things regional court Hamburg, in the judgement of 12.05.1998 – 312 O 85/98), as long as no explicit dissociation from these takes place. Despite careful control of the contents, I do not assume any liability for the contents of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG applies additionally: https://www.resource-capital.ch/de/disclaimer-agb/

Posted by on 12. August 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

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