|
Feb 18
|
|
$86.66
$86.66
+0.0%
|
N/A
|
Finnhub News
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— |
Finnhub - COPX
US Produces More Copper Than It Needs, Beatin...
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|
Feb 17
|
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$84.78
$86.66
+2.2%
|
LONG
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Paul (Analyst) / BHP Management
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BHP reported that for the first time, "50% of our earnings came from Copper." Management confirmed they are increasing copper production to 2.5 million tons (up mid-30s%). Shares hit a record in Sydney. Iron ore demand (China steel) is plateauing, while copper demand (electrification) is surging. BHP has successfully pivoted its business model to become a copper proxy. The market is rewarding this transition with record share prices. LONG BHP as a premier large-cap copper play. Failure in execution of production expansion in Chile/Argentina. |
Bloomberg Markets
Futures Slip Ahead of US Return; Iran-US Talk...
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|
Feb 15
|
|
$87.94
$86.66
-1.5%
|
N/A
|
Finnhub News
|
— |
Finnhub - COPX
Consensus Price Forecasts - Gold, Silver Pric...
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Feb 14
|
|
$87.94
$86.66
-1.5%
|
LONG
|
Finnhub News
|
This article discusses the role of copper and other essential materials in supporting the global trend towards electrification, implying strong future demand. |
Finnhub - COPX
Copper And The Materials Behind Global Electr...
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Jan 27
|
|
$90.42
$86.66
-4.2%
|
LONG
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Avi Felman
Principal / Portfolio Manager at GoldenTree (Implied role based on context/history)
|
Avi states that unlike Silver, assets like Rare Earths (REMX), Copper, and Uranium have genuine industrial and national security demand. He explicitly mentions the US will likely increase investment in domestic mining in the next 6-12 months. In a "fractured, multipolar world," nations must secure their own supply chains for energy and defense. This creates a structural supply deficit for these specific commodities that does not exist for speculative metals like Silver. LONG. These are "buy the dip" assets because they are supported by a multi-decade secular trend of deglobalization. A global recession could dampen industrial demand for Copper specifically. |
1000x Podcast
When Will Metals Top?
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