The Race For Copper, The Once And Future Metal
by Frank Holmes, U.S. Global Investors
The International Energy Agency (IEA) was founded in 1974 in response to oil embargos the previous year that caused the global price of oil to surge 300% from $3 per barrel to $12 per barrel. From the start, the IEA’s mission has been to help member nations deal with major oil supply disruptions.
Over the years, the group’s purview has broadened to include more than just oil security, and in its most recent report, the IEA sounds the warning bell on the global supply of key minerals – particularly copper.
Source: http://econintersect.com/pages/investing/investing.php?post=202105290402
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