Over two million tonnes of copper mine supply could be temporarily lost this year due to disruptions related to the Covid-19 pandemic and other non-virus factors, the chief executive officer of Eurasian Resources Group Benedikt Sobotka said.
This is equivalent to around 10% of 2020 copper mine supply and is double the roughly 5% of planned copper mine production that is typically lost due to unforeseen disruptions in any given year, Sobotka said."The crucial term here is 'temporary', however. If we were to assume that the aforementioned disruption continues until the end of April, that would instead amount to a supply...