Copper, the traditional, age-old remedy for good health has also remained a significantly important economic health indicator. Rising copper prices, helped by strong order flows, indicate that the global economy is recovering fast.
Copper prices have been rebounding since the easing of restrictions imposed to contain the spread of coronavirus. With vaccine related developments picking up pace, copper prices have now scaled multi-year highs.
Copper prices on the London Metal Exchange not only have gained more than 18% from early-October lows, but are up almost 65% from the troughs in March.
Jubilee Metals Group (LON:JLP) is a global, diversified metal recovery company that operates world-class projects, ensuring a positive impact on the environment and its stakeholders.