IVN:CC - Robert Friedland: No Rational Price for Copper as Essentially Infinite Demand Meets Short Supply

2024-07-12 17:00:00 ET

A copper crunch is coming as demand builds and the hunt for viable deposits comes up short.

That’s according to Robert Friedland, a well-known mining industry financier whose current roles include board leadership positions at Ivanhoe Mines ( TSX : IVN ,OTCQX:IVPAF) and Ivanhoe Electric (TSX: IE ,NYSEAMERICAN:IE).

"We see a crisis coming in physical markets, and we see a requirement for much, much higher copper prices," he said in a recorded interview played at the Rule Symposium, held from July 7 to 11 in Boca Raton, Florida.

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