TOKYO -- Copper, short or long? For Australian resource giant BHP the answer to that simple question was obviously "long," as it raised its offer for copper miner OZ Minerals this month to 9.6 billion Australian dollars ($6.4 billion) from its previous offer of AU$8.3 billion.
Building construction and infrastructure demand in China are the major drivers of demand for copper, which is mostly used for electric wiring. (Source photo by AP and Refinitiv)
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