19 October 2026 | 6:49AM BRT Equity Research AMERICAS MINING Copper Scarcity Premium: An Investment Framework for Copper Projects New copper supply is harder to build: discoveries are declining, grades are falling, capital intensity is rising, and development timelines now extend well beyond a typical investment horizon. In this report we introduce a framework to value copper projects for the companies we cover in a standardized and risk-adjusted base. We also include detailed analysis for a combined set of ...