Business
5 top ASX mining shares for dividends and growth in 2021
If you tune into what Dr Copper is telling us, 2021 is shaping up to be a year of mammoth growth for the global economy.
Copper, as you may have heard, is often said to have a PhD in economic forecasting. That’s because the metal is widely used across the construction industry in wiring and plumbing. And its prevalence in batteries makes copper increasingly important in the transition away from fossil fuels.
Hence when the demand, and subsequently price, for copper go up, it tends to indicate a lot of economic activity ahead.
And the price of copper hit 8-year highs last Thursday, trading at US$8,179 (AU$10,622) per tonne. It’s down a touch since then, currently at US$8,131 per tonne. But that’s still close to double the…
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