When it comes to metals mining, it never ceases to amaze me how very short-term focused Wall Street is.
Copper (HGZ24) is a perfect example. Just last week, BHP Group Ltd. (BHP) - the world’s largest mining company by capitalization - admitted that the global copper market would remain in surplus for 2024 and 2025. But that this would "only provide scant coverage against anticipated deficits in the latter half of this decade.”
