It would be easy to assume the world was about to run out of copper.
The price of the red metal, a vital cog in the global economy found in almost every building and electrical circuit, has soared past previous records to hit $10,000 a tonne earlier this year. And predictions persist that it could rise above $13,000 by year end.
But in Waigaoqiao, which as Shanghai’s port is the gateway to the largest consumer of the metal, copper is abundant.
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