Copper Shortage Pushes Prices to $350, Fueling Frenzy in Mining M&A
Physical Market Surges Despite Flat Paper Prices Copper’s official benchmark prices may appear stagnant, but the physical market is surging, with arbitrage between the London Metal Exchange (LME) and U.S. markets hitting a record $350 per ton. This widening spread has triggered a scramble for supply, exposing tight inventories and driving aggressive merger and acquisition […]
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