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Bloomberg Talks
Ivanhoe's Robert Friedland Talks "Massive Military Demand" for Metals
Jan 23, 2024
Robert Friedland, Founder and Executive Co-chairman of Ivanhoe Mines, discusses the challenges in the metals market, the impact of Fed rates on copper outlook, military demand for metals, and the greening of the economy. They also explore the potential of the Democratic Republic of Congo as a top copper producer and the environmental implications of mining.
07:23
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Quick takeaways
- Strong global demand for copper is driven by military needs and the greening of the economy.
- Copper prices could reach $15,000 per ton, stimulating investment in new copper mines.
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