Feb. 4 at 12:50 AM
$FCX
"BREAKING NEWS
CHINA MAY LOOK TO STOCKPILE MORE COPPER AS PART OF ITS STRATEGIC MINERALS INVENTORY
Copper... the glue."
"The China Nonferrous Metals Industry Association said the Chinese government should expand its strategic reserves of copper..."
Source: China CCP =
"During its annual briefing on Tuesday, the China Nonferrous Metals Industry Association said the Chinese government should expand its strategic reserves of copper, while working with major state-owned producers to boost commercial inventories.
In addition, market experts from the Association also suggested the possibility of adding copper concentrates to the nation’s strategic reserves.
The calls come a day after the US government unveiled “Project Vault” — a planned
$12 billion fund aimed at building strategic mineral reserves to support domestic production and reduce reliance on Chinese supplies."
https://www.mining.com/chinas-metals-association-calls-for-expanded-copper-stockpile/
$UAMY $COPX $GLD $EU