www.antena3.ro/economic/metalul-rosu-fara-de-care-

The copper market is thriving due to rising demand for AI infrastructure and limited mining supply. The World Bank predicts copper prices will reach $13,000 per ton next year, an 18% increase from previous forecasts. Chinese mining companies are benefiting significantly, with Zijin Mining reporting a substantial increase in operational cash flow. However, smelting companies face challenges as processing fees decline, impacting their profitability. Despite Zijin's strong performance, its stock valuation remains low compared to global competitors, indicating market perception as a domestic player rather than an international miner. The real opportunity may lie in investing in companies positioned to benefit from the copper boom.