PNG Grasberg Mine Disaster Sparks Global Copper Crisis Amid Surging Prices | The Business | ABC NEWS
A deadly mudslide at the Grasberg copper mine in West Papua has triggered major concerns around global copper supply, with analysts warning of a looming shortfall. The incident, alongside other recent global disruptions, has pushed copper prices to near-record highs amid rising demand, driven by electrification and green technologies. While Australian producers like BHP and Cyprium Metals are planning to produce more copper, experts say these efforts won’t be enough to fill the growing global supply gap.
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