Elsewhere economic bellwether copper has found clear support after correcting over 19% from its May high. We are still targeting a test of $US500/lb into Christmas and by association fresh recent highs by the related names such as OZ Minerals (OZL) where we recently increased our position. We should be mindful that things are happening in a hurry at present, prices could easily top out and then fail before Christmas.
MM remains bullish copper & resources into 2022
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