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“Copper miners get hit hard as the metal's price sinks: China buys over half the world's copper, and as its construction engine stalls that demand drains out, leaving prices and mining margins exposed.”
Source
Chris BloomstranSource“2023 SAI Letter: Dirty Deeds Done Dirt Cheap: Be…”00:00
“China imports more than half of the world’s copper ore and concentrates, a record 27.5 million tons in 2023, up 19% from 2021... when construction slows and abates, Chinese demand will collapse.”
Performance
Entry$37.50
Current$76.67
Since call— pending
Confidence72%
How this was scored
Entry$37.50Dec 31, 2023 · 12:00 UTC · paste.trade
Current$76.65Jul 4, 2026 · 02:04 UTC · Finnhub
Horizonnot specifiedparsed as default-30d
Verdict bandWIN ≥ +2% · LOSS ≤ −2%
Prices are point-in-time snapshots from the named provider. The verdict compares the return since entry against the band above.