Quetzal Copper: Copper is the New Oil
“World copper supplies are more concentrated than world oil supplies…three countries are responsible for 40% of the world’s oil. Only two countries are responsible for 38% of copper.” – Daniel Yergin, Pulitzer Prize Winning Author and Vice Chairman of S&P Global Market Intelligence There are government supported tailwinds for copper consumption. Canada and the U.S. governments support copper demand with tax breaks and incentives. And the source of that copper matters....
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