A wave of pessimism is spreading through the global copper market as rising inventories collide with weakening demand. Even before geopolitical tensions linked to the U.S.-Iran conflict raised alarms about global growth, sellers were already struggling to move cargoes. This came as China’s appetite slowed and traders pulled back from shipping metal to the U.S. after tariff-driven opportunities faded.
Exploration and mine development companies like Numa Numa Resources Inc. will be hoping that the near-term market conditions shift and align with…
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