Two copper mining stocks poised to benefit from tightening copper market supply
SCCO Southern Copper Corp
$198.66 -0.95%
View chart & analysis → - 1Freeport-McMoRan and Southern Copper could benefit for different reasons if copper supply tightens.
- 2Freeport-McMoRan offers production growth and operating leverage.
- 3Southern Copper offers massive reserves and very low costs.
So what's the key point?
Freeport-McMoRan and Southern Copper could profit if copper supply becomes scarce. This is because the former is increasing production and the latter can mine large amounts of copper at very low costs.
Source The Motley Fool +1 · View original ↗
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