Copper up, mines stop mining.

07.07.2020

The rise in copper prices is supported by the risk of supplying metal due to the spread of the coronavirus pandemic in South America,” reports Shanghai Metals Markets.
Analysts note the coronavirus pandemic is a risk to global copper storage.
The Chilean company Codelco has ceased expansion in its largest copper mine in Chile because the company wants to prevent the spread of Covid-19, and mining areas in Peru are also reducing oil production due to a pandemic.

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