Midstream stress deepens as smelters face collapsing fees and rising concentration risk despite strong copper demand outlook.
Copper has rarely looked stronger. Prices are hovering near record levels, buoyed by electrification, artificial intelligence-driven demand expectations and a constrained pipeline of new mine supply.
By Ernest Scheyder HOUSTON, March 23 (Reuters) - Freeport-McMoRan expects demand for copper for use in electrification, data ...
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