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Copper on the way up

Von JS Research UG (haftungsbeschränkt)

The economic metal copper is one of the most important raw materials, as it is an important industrial metal.


When the economy is on the rise and the economic outlook is good, the price of the reddish metal generally increases. In the first half of 2021, the price of copper reached a record high. Last year, about 20 million tonnes of copper were produced worldwide, according to the US Geological Survey. The top producer was again Chile, with a mine output of 5.7 million tonnes of copper. Although the country was one of the countries most affected by the Corona pandemic, production in the large copper mines continued.


Peru (2.2 million tonnes) ranked second among the copper-producing countries. Production was declining there. Most of the copper is shipped to China. In the first half of 2020, production fell by more than 20 percent thanks to strict pandemic regulations. In Peru, Hannan Metals - https://www.youtube.com/watch?v=5h_WB1_wKBM - is into copper, silver and gold. The San Martin silver project there is particularly promising.


The third largest copper producer is China, which is also the largest copper consumer. It is followed by the Democratic Republic of the Congo and then the United States. The USA is one of the five largest copper exporters on the world market. China is an important importer. Australia comes in sixth place with 870 million tonnes of copper, followed by Russia, Zambia, Mexico and Kazakhstan.In Mexico, for example, Aztec Minerals - https://www.youtube.com/watch?v=N0FElXWa4Nk - is active on its prospective Cervantes gold-copper project in Sonoro. In addition, there is an option in the Tombstone district in Arizona.


Current corporate information and press releases from Hannan Metals (-https://www.resource-capital.ch/en/companies/hannan-metals-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.

Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/

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