Arc Minerals Share Price (ARCM)

i know and my point was that the scrap can't feature in the current supply because of the supply chain disruption, thereby adding to the perfect storm...

Shorn, the previous cycle of copper was balanced by the scrap market bringing copper back into the market. Unfortunately this time around is different because the electric vehicle needs 70-80k of copper, a petrol / diesel vehicle needs 12-15k. So the deficit is going to be consistent, for a long time, as producers struggle to keep up with demand.

@Kullybahia
And you forgot the supply chain (Covid) disruption to the scrap / recovered Copper market too...

till the EA ends.

RNS in the next two weeks

China can't do **** about the Copper supply /prices. They are just not happy that other countries are trying to get copper. Under investment over the last decade, dwindling grades of current producing mines, difficulty in ramping up current producing mines, electrification of traditional fossil fuels, No Tier1 mines/ deposits coming onstream to fill the current supply deficit. China already consumes 50% of the current copper demand, that leaves 50% for the rest world. A perfect storm that will last over a decade, if not more. Only possible future solution will be to mine in the ocean if possible at all. 70% of the earth is covered in water, so some boffins /nerds need to figure out how to do mine in deep water. We can do it in the oil/gas industry, but this is a big ask. Forward your C. V. to the Dim sum with multiple id's.