BASE METALS

Copper needs three quarters of pipeline to go into production

A 10 million-tonne copper supply gap is forecast to open up through 2035, CRU senior analyst Hamish Sampson has told the World Copper Conference during a session examining factors determining the long-term outlook for copper and the copper price.

Paul Harris in Santiago
 Latin America dominates the global copper development pipeline

Latin America dominates the global copper development pipeline

"[Brownfield] expansions will keep pace with demand until early next decade ... but as demand increases to 22.5Mt by 2025 the gap will be 2.5Mt and then it will quadruple as production from existing operations...

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