ecu

Adjusted for inflation, the all-time high Cu price breached $6/lb. in the mid 1970’s. In 2011 it was > $5/lb. The 2020s will likely see a new record high price. That’s great news for up-and-coming Cu juniors with (prospective) mines opening this decade — not so good for old, high-cost, low-grade mines nearing end of life.