With Severed Russian Ties, Newer Industrial Metal Markets Arise



INTERVIEW ON THE PRICE OF BUSINESS SHOW, MEDIA PARTNER OF THIS SITE.

Recently Kevin Price, Host of the nationally syndicated Price of Business Show, interviewed Nolan Peterson.

“As stricter sanctions with Russian trade continue, global markets could be squeezed, with mining companies in geopolitically friendly countries getting a bump in price as industrial metal prices affected by the Ukrainian conflict, such as copper, push higher,” says Nolan Peterson, President & CEO, World Copper, an oxide copper-focused exploration & development company with two proven resources – one in Arizona and one in Chile.   “Industrial metals include copper, zinc nickel and aluminum, and are used in a variety of commercial and industrial applications crucial to our green economy transition.”

 

“Today, Russia is the second largest exporter of refined copper in the world. While sanctions are not affecting copper exports directly right now and may not in the future, the broader question must be asked and answered; will companies be comfortable risking capital in the Russian market?  If not, how will mining operations continue and critical future developments be funded?  These questions are not easy to answer, and may lead to sustained supply gaps in key commodities.  For the copper sector, we are fortunate that this is a gap that is easily addressed as development is being pushed all around the world including many geopolitically friendly countries.”

As an engineer and finance executive, Nolan Peterson has an extensive career in project development, corporate finance, accounting, engineering and project management in the mining industry.  He holds an MBA from UBC’s Sauder School of Business and a bachelor’s degree in Metallurgical Engineering from UBC.

World Copper trades on the following exchanges: TSX.V: WCU | OTCQX: WCUFF | FRA: 7LY0

LISTEN TO THE INTERVIEW IN ITS ENTIRETY HERE:

The Price of Business is one of the longest running shows of its kind in the country and is in markets coast to coast. The Host, Kevin Price, is a multi-award winning author, broadcast journalist, and syndicated columnist. Learn more about the show and its digital partners at www.PriceofBusiness.com (scroll down to the bottom of the page).

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