The beginning of 2022 - the shortage of copper reduced stocks in the warehouses of stock exchanges and market participants to the level of 400 thousand tons.
Objective reasons do not allow to increase the volume of copper production:
*reduction of the metal content in the ore, causing a decrease in production at existing deposits,
*lack of commissioning of new large low-cost projects will increase the cost of a marginal producer.
Copper, in the context of the active development of alternative energy, as well as the growth in the production of electric cars, is becoming the new "gold".