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Rio Tinto Raised to Buy at Berenberg; Coming Capex May Weigh on BHP Sentiment
BHP Sees Trend Reversal In Copper Growth, Warns Recycling Won't Be Enough
Bhp Group Ltd: Global copper demand is expected to increase by an average of 1 million tons per year by 2035.
Bhp Group Ltd released a report stating that, benefiting from the widespread adoption of copper-intensive technologies, global copper consumption is expected to increase by 1 million tonnes per year by the year 20235, doubling the average annual growth rate of the past 15 years. At the same time, the growth of copper mining production will be constrained by high costs and declining ore grades.
China stimulates the global csi commodity equity index: London copper 'breaks ten thousand', iron ore 'breaks one hundred'!
In recent trading days, with multiple measures of monetary and fiscal stimulus policies in china, not only has it promoted the soaring of A-share market, but also helped some csi commodity equity index, showing a rebound market like a dragon swinging its tail... On Thursday, LME copper broke through the $10,000 integer mark all the way, Singapore iron ore futures regained the $100 level, and spot silver prices touched a 12-year high!
BHP Tests Caterpillar's New Energy-Saving Technology: Details
Copper M&A Frenzy Masks Greenfield Exploration Weakness: Is AI To Blame?