European Capital Partners - Dr Copper is back Discover this fund | European Capital Partners
Asset management and fund structuring boutique

Dr Copper is back

May 14, 2024

Looking for reasons of why the copper price is up 30% over the last 6 months and copper mining stocks, like our portfolio holding Boliden AB, are up 26.2% over the period ? Our take: 1/ Manufacturing PMIs in expansion territory above 50 show that industrial production is recovering 2/ Not only the energy transition but also AI data centres need copper 3/ Production suspension and cuts in the world’s largest copper mines hurt supply. We remain invested in the area.

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