Robert Friedland expects further deals to secure critical metal supplies

Robert Friedland expects further deals to secure critical metal supplies
More deals to secure metal supplies

Expectations are rising for a continued trend of strategic agreements aimed at ensuring steady access to vital metals. In a recent social media post, Robert Friedland commented on the increasing frequency of transactions focused on acquiring critical metal resources. He noted that ''more of these types of deals'' are likely to appear as industries and governments prioritize supply chain stability for essential raw materials. The move is seen as a response to rising demand across various sectors that rely on these metals for production and innovation.

Friedland has previously commented on market impacts tied to supply chain issues. He noted that sulphuric acid supply disruptions in the DRC Copperbelt have pushed Kolwezi spot prices above $1,300 per tonne. He also pointed out that UBS recently raised copper price forecasts ahead of the China Politburo meeting.

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