Copper, the electrical metal

The red metal has been associated with human development for ages. Investors should not forget about copper.

Copper is an important factor in power generation, about half of the copper supply is gobbled up by the construction industry. For example, a house contains about 440 pounds of copper (wires, pipes, etc.). About 50 pounds of copper are used in a car, especially in electric vehicles. The second most important copper consumption is in the electrical and electronics industry. In times of crisis and economic uncertainty, copper is often second only to gold and silver in the interest of the investment community. Without copper, neither developing countries nor major economies can function.

After copper was very expensive in March, the price more or less went down. Inflation, interest rates and worries about global economic growth are putting pressure on the metal. Added to this is the energy crisis in Europe. But what will make copper more expensive again are decarbonization measures as well as infrastructure projects that are being kicked off, both in the U.S. and in Europe. One important factor is China. China’s imports of copper were quite robust in August. As the price of the reddish metal has fallen, many equities have also reversed course in terms of price, offering lucrative opportunities in the medium to long term. After all, from a short-term perspective, demand concerns are still having an impact. And China’s zero-covid strategy is still in place. Another positive moment for the copper price should be a falling supply from Peru and Chile.

For example, Torq Resourceshttps://www.youtube.com/watch?v=YjqrYpvif3w – owns copper and also gold in prospective holdings in Chile, located in very good mining belts.

Hannan Metalshttps://www.youtube.com/watch?v=fDNxCtW987s – takes care of projects in Peru and Europe. In terms of area, Hannan Metals is one of the ten largest companies in Peru.

Current corporate information and press releases from Hannan Metals (- https://www.resource-capital.ch/en/companies/hannan-metals-ltd/ -) and Torq Resources (- https://www.resource-capital.ch/en/companies/torq-resources-inc/ -).

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/

Firmenkontakt und Herausgeber der Meldung:

Swiss Resource Capital AG
Poststrasse 1
CH9100 Herisau
Telefon: +41 (71) 354-8501
Telefax: +41 (71) 560-4271
http://www.resource-capital.ch

Ansprechpartner:
Jörg Schulte
Telefon: +49 (2983) 974041
E-Mail: info@js-research.de
Für die oben stehende Pressemitteilung ist allein der jeweils angegebene Herausgeber (siehe Firmenkontakt oben) verantwortlich. Dieser ist in der Regel auch Urheber des Pressetextes, sowie der angehängten Bild-, Ton-, Video-, Medien- und Informationsmaterialien. Die United News Network GmbH übernimmt keine Haftung für die Korrektheit oder Vollständigkeit der dargestellten Meldung. Auch bei Übertragungsfehlern oder anderen Störungen haftet sie nur im Fall von Vorsatz oder grober Fahrlässigkeit. Die Nutzung von hier archivierten Informationen zur Eigeninformation und redaktionellen Weiterverarbeitung ist in der Regel kostenfrei. Bitte klären Sie vor einer Weiterverwendung urheberrechtliche Fragen mit dem angegebenen Herausgeber. Eine systematische Speicherung dieser Daten sowie die Verwendung auch von Teilen dieses Datenbankwerks sind nur mit schriftlicher Genehmigung durch die United News Network GmbH gestattet.

counterpixel