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Glencore: Copper Shortages Will Continue Until Prices Rise

Glencore: Copper Shortages Will Continue Until Prices Rise

GALWAY, IRELAND--December 16, 2022--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--One of the leading suppliers of copper, Glencore (Baar, Switzerland), has warned that it will not bring any new copper production online until prices reflect the growing global shortage.

Within this article: Details Glencore's warning on future copper mining investment and global shortages, IEA figures on growing copper demand from energy transition, Codelco's warning on copper shortfall

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