Is Copper Calling?

This week stock markets in Hong Kong and mainland China saw snap gains on reports that the government might provide support. There are reports about a huge fund (worth about 2 trillion Chinese Yuan or around $278 billion) to stabilise the markets. This intervention was not unexpected as stock prices were getting close to the lowest point in 2022.

Is a copper boom coming?

The world is making a sharp pivot to ‘green energy’. One commodity that is crucial to that is copper. Copper is both relatively easy to shape and a great conductor. As electric vehicles, solar farms, wind farms and other renewable…