RE: Not great news, but it will change.24 Jul 2024 07:59
I think the Chinese EV production has peaked, they don't need so much copper because everyone who thought EV's were a good idea has bought one and more than half won't be buying another.
Copper demand is dropping, a surplus is being sold off.
As usual SOLG have been too slow to cash in on the peak.
A wait until the next copper hungry industry now.
It will change of course but we will be needing the money for nursing home fees by then.