On May 29 (Thursday), ANZ Research stated in a report on Thursday that the strengthening of the US dollar may weigh on market sentiment in the copper market, but signs of tightening supply are expected to provide support to the market in the long term.
Goldman Sachs stated in a report that the supply disruption at the Kamoa-Kakula mine, the world's third-largest copper mine, poses risks to copper supply and will provide support to copper prices.
The mine's production in 2024 was 437,000 mt, accounting for approximately 3% of the global total production.
