Increased demand for copper, flagging supply, as well as falling dollar strength in the second half of the year paint a constructive outlook for copper prices. For investors looking at both the short-term and long-term potential of copper price fundamentals, copper miners appear well-positioned in the coming years.
In the next two years, BMI research forecasts a gain of 75% for copper prices, reported CNBC. Buoyed in the short term by recovering global demand, the shifting tides of shortening supply and growing demand could prove constructive for copper prices.
Copper, a longtime bellwether of global economic health, benefits strongly as economies decarbonize. Copper miners specifically are positioned advantageously in a world of growing supply and demand imbalances.
Jubilee Metals Group plc (LON:JLP) is a diversified metal recovery business with a world-class portfolio of projects in South Africa and Zambia. The Company’s expanding multi-project portfolio across South Africa and Zambia provides exposure to a broad commodity basket including Platinum Group Metals, chrome, lead, zinc, vanadium, copper and cobalt.
