Sep. 25 at 9:45 PM
$AMQFF According to BHP, copper demand is set to grow significantly due to the global energy transition and the rise of AI-powered data centers. The copper market, currently in short supply due to production challenges, is forecasted to remain in deficit with prices reaching
$11,500/tonne by 2032. Scrap copper will play an increasing role, but primary mine supply remains critical to meet long-term demand with significant investment in mining is needed to sustain future supply. (Source: https://www.thehindubusinessline.com/markets/commodities/energy-transition-data-centres-to-drive-solid-copper-demand-growth/article68678488.ece)
With significant potential for resource expansion past its already substantial resource of 400 million pounds of copper, Abitibi Metals (AMQ.c AMQFF) is one junior strongly positioned for growth (or an acquisition) in developing one of Quebec's most promising mineral assets, the B26 Deposit: https://x.com/StckMasterFlash/status/1836530154580930611