Goldman Sachs lowered its global mine (copper) supply forecast for the second half of 2025 by 160,000 tons and its forecast for 2026 by 200,000 tons. It also lowered its copper mine production growth forecast for 2025/2026 to +0.2%/1.9% year-on-year,

2025-09-25

Goldman Sachs lowered its global mine (copper) supply forecast for the second half of 2025 by 160,000 tons and its forecast for 2026 by 200,000 tons. It also lowered its copper mine production growth forecast for 2025/2026 to +0.2%/1.9% year-on-year, compared to the previous forecast of +0.8%/2.2%.