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2025-10-29 11:12:07
[Tianfeng Securities: Slowing Copper Mine Supply Growth Supports Copper Mine Profits] Tianfeng Securities released a research report stating that in 2025, a significant reduction in the TC benchmark will ease mine costs and lead to a substantial increase in copper prices. Copper mine profits in 2025 may continue to maintain the high level of 60% seen since 2024. However, the growth rate of copper mine supply is moving in the opposite direction, turning downwards. In recent years, many Chinese copper mining companies have expanded into resource-rich regions such as Africa and South America. Under pressure from high costs and resource protectionism, they are increasing their reserves through mergers, acquisitions, and joint ventures. Furthermore, they are continuously investing in supporting infrastructure construction to further improve production and transportation efficiency, aiming to reduce long-term costs.
