(MT Newswires) -- Robert Friedland, founder and executive co-chairman of Ivanhoe Mines Ltd. discusses the current state and future of the copper market. He believes that copper prices need to reach around $15,000 per tonne to encourage the industry to build expensive new mines. He also talks about the copper industry in China, global inventories, supply disruptions and the fact that any further disruption could lead to a very sharp spike in copper prices.
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21.08 CAD | +6.20% | +7.22% | +64.05% |
May. 14 | Ivanhoe Mines Seeks M&A | CI |
May. 14 | Transcript : Ivanhoe Mines Ltd. Presents at BofA Securities Global Metals, Mining and Steel Conference 2024, May-14-2024 02:30 PM |
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Capi.
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2,425 USD | +0.20% | +2.74% | - | ||
1,433 PTS | +0.87% | +4.06% | - | ||
31.82 USD | +1.28% | +12.96% | - | ||
21.08 CAD | +6.20% | +7.22% | 19.67B | ||
12.2 USD | +1.92% | +0.99% | 1.44B | ||
EPS Revisions
1st Jan change | Capi. | |
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+64.05% | 19.67B | |
-0.80% | 125B | |
+6.23% | 76.75B | |
+19.27% | 52.64B | |
+4.22% | 49.06B | |
+36.00% | 41.27B | |
+94.59% | 31.39B | |
+30.73% | 27.93B | |
+77.37% | 20.44B | |
+16.82% | 11.34B |
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