Trafigura CEO Says Copper Must Surpass $10,000 to Meet Demand

In order to fill a potential supply gap of 8 million tons by 2034, mining companies need prices that are higher than $10,000 a ton and possibly as high as $12,000, says Trafigura Group Chief Executive Officer Jeremy Weir.

Apr 16, 2024 - 18:17
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Trafigura CEO Says Copper Must Surpass $10,000 to Meet Demand
In order to fill a potential supply gap of 8 million tons by 2034, mining companies need prices that are higher than $10,000 a ton and possibly as high as $12,000, says Trafigura Group Chief Executive Officer Jeremy Weir.

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