Brazilian miner Vale is expecting copper prices to remain at high levels through the remainder of 2020, because it sees strong signs of demand resilience amid expectations of reduced supply, especially from South America, the company's top executives said on Thursday July 30.
"We are firm believers in the copper price uptrend," chief executive officer Eduardo Bartolomeo told analysts and investors during Vale's second-quarter earnings conference call.The copper cash London Metal Exchange Daily Official price reached $6,475 per tonne on Wednesday,...