Copper supply will tighten after ’17: Wood Mackenzie
Mar 05, 2013 | 03:12 PM
| Daniel Fitzgerald
Tags
copper,
Wood Mackenzie,
Paul Benjamin,
Prospectors and Developers Association of Canada,
PDAC,
Daniel Fitzgerald
TORONTO — Copper supplies will tighten after 2017, making this the best time for new copper mining projects to come onstream, according to Wood Mackenzie Ltd. senior copper analyst Paul Benjamin.
While the copper mining industry has largely been in "catch-up mode" in adding new capacity over the past few years, up to 5 million tonnes of global processing capacity will be added between now and 2017, Benjamin told delegates at the Prospectors and....
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