QualityStocksNewsBreaks – Torr Metals Inc. (TSX.V: TMET) Looking to Address Global Copper Demand-Supply Imbalance
Torr Metals Inc. (TSX.V: TMET) is a Vancouver-based mineral exploration company focused on the identification, acquisition and advancement of mineral properties. With copper expected to play an increasingly important role in powering the world’s transition toward net-zero technologies, the surge in copper demand is expected to drive a necessary increase in supply, requiring an additional 9.7 million metric tons (“Mt”) production per annum by 2031. However, the copper supply is anticipated to remain in deficit by the beginning of the next decade with a forecast shortfall of 6.5 Mt from a projected deficit of 114,000 tons for 2023. “Torr Metals…