Rio Tinto: Copper shortage is coming soon

“Rio Tinto's copper boss Jean Sebastien Jacques believes the outlook for the red metal has improved significantly in just six months. Mr Jacques said those disruptions combined with slightly better than expected demand for copper would likely ensure that the predicted surplus of copper in 2015 would not emerge.” Sebastien says "I can see the light at the end of the tunnel in the next 12 to 18 to 24 months. In December I said it would take three or four years to see the inflection point, but by 18 or 24 months we could start to see some interesting price back into the system.” (Source: SMH) (VIEW LINK)


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