Absolutely fabulous At full production in 2022, the Grasberg complex will produce 1.55 billion pounds (703kt) of copper and 1.6 million ounces of gold per year.

This is normally the case, by the way. And thirdly, it would show that we just broke out of a $0.50 range in copper, and more likely than not we would eventually grind toward the highs near $5.37.

July Copper (Weekly) This weekly chart of July Copper goes back for a little over two years. Including this week’s bar, The Copper market is working on 3 solid weeks’ worth of gains.

Vancouver, Sept. 28, 2023 (GLOBE NEWSWIRE) -- The global copper wire and cable market size was USD 167.23 Billion in 2022 and is expected to register a revenue CAGR of 5.8% during the forecast ...

Porphyries produce 80% of all copper but “the industry's ability to increase its reserve base by lowering cut-off grades is nearing an end” says new study.

While the chart continues to be bearish, copper futures has a notable support at ₹790. This is a strong base. However, this by itself cannot be taken as a sign of a bullish reversal in trend.