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Copper is not a commodity. It is civilization. Every wire in every building in every city on earth needs copper. That demand never disappears.
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We think in decades, not quarters. A copper mine takes ten years to develop and produces for fifty. That is our time horizon.
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Vertical integration is the only way to protect your margins in mining. If someone else ships your copper, they control your profit.
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The world is electrifying everything. Cars, homes, factories. Every kilowatt needs copper. We are sitting on what the future is made of.