Far East Capital Newsletter
Hillgrove is a promising copper recovery story
1 Jun 2024

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Hillgrove is a promising copper recovery story

The news that BHP is walking away from the bid for Anglo America will likely lead to reduced enthusiasm for copper stocks in the short term, though the general thematic remains in place. This chapter of the copper story has run its course.

This week we feature Hillgrove, a copper producer that has recently restarted the Kanmantoo Copper Mine in South Australia. It should benefit from the renewed investor interest in copper, and the stronger copper price we have been seeing. The is also a small price on the specialist copper explorer, Copper Search.
 

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