Top Metal in 2017

Good year for copper predicted

This prediction is welcome news for copper extractors in PNG which should see increases in revenue from the red metal following two years of bad performances.

Analysts says the spike is fueled by a pick-up in Chinese imports, which is responsible for almost 50 per cent global copper demand, as well as speculation regarding the impact of US President Elect, Donald Trump’s, $500 billion infrastructure plans on demand for the metal.