#Copper to enter ‘substantial’ supply deficit starting from 2021: #Sonami
The #Copper market will start to enter a “substantial” supply deficit from 2021, pushing prices of the industrial metal higher, the head of #Chile’s national mining association Sonami said on Monday.
“In the near term, mining companies are not investing in additional capacity and copper demand is growing at a pace of around 2 percent a year,” Sonami Chairman Diego Hernandez told the Copper 2016 industry conference in #Kobe, #Japan.
Read more at: http://www.reuters.com/article/us-sonami-copper-idUSKBN13915E
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