Growing demand for copper along with supply constrictions could push prices higher than last year in 2024, the head of Chilean miner Antofagasta said. Speaking ahead of the World Copper Conference that begins on Monday, Antofagasta CEO Ivan Arriagada said an improving global economy plus the increasing need for the metal used in electric vehicles, solar panels and other elements key to the energy transition created a favorable scenario. “The trajectory we foresee is towards higher levels,” he said in an interview last week, compared with last year’s prices that he said were in the range of $3.80 to $3.85 per pound. ... (full story)