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Record copper price valuation
June 2021

Record copper price valuation

Sandfire Resources have completed their largest shipment of copper concentrate from DeGrussa operating in Western Australia. The shipment was valued at US$64.5 million while their previous record stood at US$52 million. Sandfire Resources’ CEO explained that this shipment is an indication of strong demand for high-quality copper concentrates across the globe with copper prices increasing due to limited supply combined with the rising demand from the green energy sector.

Source: https://www.australianmining.com.au/news/sandfire-ships-new-copper-record/