Resolves YES if global copper supply increases by at least 2% by July 2026 as a direct result of Glencore's sale of its stake in DRC's copper operations. The authoritative data source for resolution will be the International Copper Study Group (ICSG) reports or equivalent industry publications that confirm the increase in global copper supply. The sale of Glencore's stake in the DRC is significant as it could shift supply dynamics, given the DRC's substantial contribution to global copper supply. This threshold matters as it could influence global copper prices and supply chain strategies, especially amidst geopolitical tensions and the green transition. Any increase in supply must be attributable to the operational changes resulting from the deal, not other unrelated factors.
Source: Article
1,000The recent deal involving Glencore's sale of a 40% stake in its copper and cobalt operations in the DRC to a US-backed consortium could significantly influence global copper supply dynamics. This article highlights a potential 2% increase in global copper supply due to the transaction, reflecting the strategic importance of these operations. Source