Interesting article on copper

SkyMan

Obviously copper is not classified as a precious metal, but it is an important metal, and as we all know, is used in coinage. Here's an interesting article...

https://ft.com/content/beeb325f-1d39-456b-a4fc-22cd50429fbb?accessToken=zwAAAXlH1znwkdO-6zJfHTlFa9Ok_CLNUEKfuw.MEUCIQCAzefGrYpQoTzmtD-AqHuXAFW8hi9D_MCHq-2rWFFssQIgTpcY7wtiW4OBoqJvKSOMXMqW36QWRvPVEZ0KBpKktSE&sharetype=gift?token=5cf4851c-8870-4b39-94e8-1d3635e2264f

LukeMarshall

The article is behind a paywall for me, can you post some of the words here?

SkyMan

@LukeMarshall Basically the article is about an interview with the CEO of Glencore, a major producer of copper, who states that the price of copper, even though it is up almost 90% in the last year, will need to climb at least another 50% for producers to open up marginal mines (and search for new mines) to meet projected demands from the "green revolution" in energy.

metalmeister

I just bot a 100 ft. roll of 14/2 Romex for a back yard outlet. Paid the same as a 250 ft. roll a few years back. Also our waste haul company announced a 40% boost in monthly rates.

thefinn

@metalmeister said:
I just bot a 100 ft. roll of 14/2 Romex for a back yard outlet. Paid the same as a 250 ft. roll a few years back. Also our waste haul company announced a 40% boost in monthly rates.

Good thing we don't have any inflation.