What is going on?, page-44

This in the Financial review

We all know that demand for copper is going to go up, but the copper market today is around about 23 million tonnes,’’ Glasenberg said. ‘‘If we get 2 per cent, 3 per cent growth around the world, it depends on what happens in China, but you’re talking about another 500,000 tonnes [or] 600,000 tonnes of copper required per year. If you look at the supply, we all know there’s been a massive underinvestment in new mines in copper.

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