Bank of America (BofA) has revised its copper and lithium price forecasts for 2025, pointing to economic uncertainties and trade tensions that could weigh on procyclical commodities. The bank has lowered its 2025 copper price projection by 12%, from $4.88 per pound to $4.28, and its 2026 forecast by 20%, from $5.44 to $4.88. These...
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