wrightjon
wrightjon @_JonWright ·
#ORRCF Oroco Resource Corp.
Lukas Ekwueme Lukas Ekwueme @ekwufinance ·
This is why copper shortages are inevitable. - Copper supply can’t keep up with demand. - Over the past 30 years, copper supply increased by ~12 Mtpa We now need to add the same amount in just one decade... 1/3 of the time In the meantime: - 1990-2010: ~200 large copper of copper - 2010-2025: ~20 large discoveries, ~165 Mt of copper - Ore grades: ~2% in 1990 vs. ~0.6% today... and still falling So the industry faces a double constraint: - Fewer discoveries - Lower-quality deposits We’re exploring less. And each discovery delivers less metal. The copper supply picture is broken.
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Oroco Resource Corp.
Oroco Resource Corp. @OrocoCorp ·
MS Research - #Copper' Squeeze - "Copper's strong fundamentals remain in place, with little progress on resolving supply challenges while China's demand indicators outside of property look robust, particularly versus expectations." $OCO.V #ORRCF
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