According to CRU Group, copper production from existing mines is set to fall sharply in the coming years, and miners would need to spend more than $150 billion between 2025 and 2032 to fulfil the industry’s supply needs.
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Chilean copper miner
Antofagasta last week inked the first major 2024
concentrates supply deal with China s Jinchuan Group. It remains to be seen whether the terms form an.