Q: Do you think the copper trade has legs for those looking to get in at this time? Thanks,
Jason
Jason
5i Research Answer:
Yes; due to the electrification of the world and renewable energy, combined with supply issues in China and elsewhere (Panama), copper continues to look good to us. The combination of the EVs and data centre growth we think sets up the sector well for the medium term until more supply comes on line. China is a big variable. But with slow growth 'now' the possibility for improvement there also exists.