OZ Minerals - Australian Copper Miner.

Was just having another read of some articles that indicate that copper demand from the transition to cleaner energy will grow somewhere between 600% and 900% over the next 5 to 10 years or so. Amongst other battery minerals copper is critical for solar panels, wind turbines, electric vehicles and battery storage and as we head towards net-zero emissions, increasingly large quantities of copper will be required. It is a resource that has been underinvested in over the last few decades so there is a shortfall in supply.

Thought I would have a look around and see what copper miners are about and this one continues to look good.

OZ Minerals is a copper focused miner in Australia and you can see from the chart has been having a great consistent run over the last 12 months. Thought I would have a look around and see what copper miners are about and this one looks good. Well worth keeping an eye on for a potential trade.

I posted about them a few months ago and they are continuing to head up.

March 30 2021 Post

August 4 2020 Post

Commentaire:

I havent been in the stock for ages but figured Id post a chart here from below. Not a trade I would take at the moment while it is still at this resistance area.