Years of under-investment in mining of metals essential to energy transition, supply shocks and high energy prices will continue to drive commodity prices higher, Eurasian Resources Group Chief Executive Benedikt Sobotka said on Wednesday.
Luxembourg-based, privately-held ERG is a global supplier of copper and cobalt. It also supplies alumina and iron ore and is the only producer of high-grade aluminium in Kazakhstan. In an environment of high prices and supply chain pressures, Sobotka expects companies and countries to stockpile strategic raw materials, including oil, copper, cobalt and other metals.
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