
Copper just hit a new all-time high — equivalent to ~A$19,900 per tonne.
Supply is being squeezed by Hormuz shipping chaos, Chinese export restrictions and declining ore grades. AI demand isn't slowing down.
The perfect storm.
$NFM sits on an exploration target of up to 473,000t of contained copper across 14 prospects in the Mt Isa copper belt, NWQ. Team was on site last week. A processing arrangement with Austral Resources is being formalised.
Right metal. Right address. Right time.
ASX: NFM | LSE: NFM | OTCQB: NFMXF
#Copper

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