(Kitco News) - Lundin Mining is strategically focused on copper and carefully navigating the complex geopolitical landscape while advancing key projects. Adam Lundin, Chair of Lundin Mining, shared insights at the Future Minerals Forum in Riyadh, highlighting the company's achievements and future direction.
Lundin Mining sees a particular opportunity in copper. Lundin anticipates continued small deficits in the copper market. "Copper will be strong – between $9,000-$10,000 a tonne this year. There'll be some swings, but it gives enough stability to go out and come out with a plan that you can execute on and be comfortable," Lundin said.
The company is also exposed to zinc and tungsten through Fireweed Metals. Lundin noted the significance of government support for these ventures. "Getting the support from the governments to help move projects forward is exactly what you need," he stated.
Geopolitical tensions
In an era of increasing geopolitical tensions, Lundin Mining emphasizes the importance of strong relationships with host nations.
"You always have to do a good job and make sure you're working closely with your host nations," Lundin explained. He added, "Just got to try and have that dialogue and see what works and move together, but try not to take sides too much."
For Lundin’s BHP Partnership and other key projects, watch the video above.
Special thanks to our sponsor, the Future Minerals Forum (FMF), for making this coverage possible. Visit https://www.futuremineralsforum.com/ to learn more.
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