We could see higher copper prices moving forward.
In fact, one of the world’s biggest copper traders, Trafigura Group believes the metal could hit $15,000 a tonne over the next decade, reports Bloomberg. All as demand from decarbonization efforts produces a potential deficit.
Goldman Sachs says it could rally to $10,500 over the next 12 months. Citi says it could reach $12,000 by 2022.
Jubilee Metals Group (LON:JLP) is a global, diversified metal recovery company that operates world-class projects, ensuring a positive impact on the environment and its stakeholders.
