At the onset of the coronavirus pandemic in March 2020, metal prices declined significantly, prompted by a collapse in the demand for metals. Capital spending cuts in the mining sector and mine closures imposed to control the virus’ spread also disrupted both the long-and short-term supply of metals.
Today the metals market is at an entirely different level with iron ore and copper prices hitting new highs. Cobalt and nickel metal prices reached two- and seven-year highs in February and March of this year…
NOTE TO INVESTORS: The latest news and updates relating to First Energy Metals Ltd. (CSE: FE) (OTCQB: FEMFF) are available in the company’s newsroom at https://ibn.fm/FEMFF
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