Industrial metals torn back and forth

Even if economic expectations are not for the best in the coming months, the expected interest rate cuts will not only be good for precious metals, but also for industrial metals. Both China and the West are still struggling somewhat in terms of the economy. However, China's copper ore imports picked up in December. Cuts are to be expected on the supply side.

For example, production at the Cobre Panamá copper mine was halted by First Quantum Minerals. In Chile, some copper mine projects are being delayed and ore grades are generally falling. The requirements for environmental standards are also increasing, which is also leading to delays and higher production costs. Anglo American is planning to reduce copper production this year and next year in order to cut costs. Some industry experts are forecasting a copper deficit, which will drive up the copper price.

If the Fed cuts interest rates, this should boost the economy and thus demand for industrial metals and copper demand. Incidentally, it is the energy transition that is increasingly devouring copper.

Investors who want to bet on copper (and gold) should take a look at Aurania Resources - https://www.commodity-tv.com/ondemand/companies/profil/aurania-resources-ltd/ -. Its highly promising The Lost Cities project in the Andes in Ecuador contains copper and gold.

It is clear that mining companies need financing. This is where financing companies such as Queen's Road Capital Investment - https://www.commodity-tv.com/ondemand/companies/profil/queens-road-capital-investment-ltd/ - come into play, as the company provides mining companies with capital. This is also an investment opportunity in the mining sector. The company earns money with convertible bonds. It pays particular attention to mining companies that are either producers or are about to start production.

Current company information and press releases from Queen's Road Capital Investment (- https://www.resource-capital.ch/en/companies/queens-road-capital-investment-ltd/ -) and Aurania Resources (- https://www.resource-capital.ch/en/companies/aurania-resources-ltd/ -).

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

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