VCU:CC - A Better Cycle for Copper in the Next 10 Years Says Vizsla Copper Exec Chair

2023-03-09 16:00:00 ET

Vizsla Copper (TSXV:VCU) Executive Chairman Craig Parry shared his insights on the copper market, explaining how growing demand for copper could lead to good fortunes over the next decade.

“What we're seeing is a global phenomenon — the electrification of the planet, the move towards electric vehicles — and this future-facing metal, I think, is set to do better than it did last cycle because of the size of that demand increase that's coming,” Parry said.

The company executive said that about a 30 percent increase in demand is coming by the back half of this decade due to serious supply-side constraints that have only gotten worse over the last 10 years of downturn in the mining sector.

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