MTECHTIPS:-Copper Markets To See Supply Deficit By 2020

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MTECHTIPS:-Copper Markets To See Supply Deficit By 2020

MTECHTIPS-Copper market will see a supply deficit in the 2020 s as emerging technologies that rely on the metal become more prevalent, according to Arnaud Soirat, CEO of copper and diamonds at Rio Tinto, noted media reports. The era of electric vehicles and similar technologies is on the horizon, leading a shift in copper supply and demand. Tightening supply and solid demand are combining to produce a positive pricing environment Soirat noted in a copper conference in Santiago, Chile

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