Goldman Sachs November 2020 “Copper rallied on Tuesday to a seven-year peak after strong economic data from Asia as Goldman Sachs (November, 2020) said the world’s most important industrial metal was in the first leg of a bull market that could carry prices to record highs. Benchmark copper prices on the London Metal Exchange hit…
Goldman proclaims the dawn of a new commodity supercycle by Andy Home LONDON (Reuters) -Will COVID-19 kick-start a new commodities supercycle? Goldman Sachs thinks so. While last year’s strong rebound in many commodity prices might be viewed as a “V-shaped vaccine recovery”, the bank contends it is just “the beginning of a much longer structural bull…
The arrival of Caerus Mineral Resources on the Standard segment of the LSE, is evidence of a renewed interest in the copper deposits of Cyprus due to a combination of supply shortfall created by the electric vehicle revolution, higher copper prices, a shortage of new production capacity and improvements in mining technology. The island of…
Apart from the established and diverse uses for copper in society, the metal is one of the fundamental building blocks behind the new electric vehicle transport and energy storage revolution that is upon us. Driven by widespread consumer adoption, car makers estimate that electric vehicles in use globally will reach between 40 million and 70…
