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Record Quarters, Zero Relief: Copper's Gap Keeps Growing

Newswire.ca - Fri May 8, 10:00AM CDT

Issued on behalf of Salazar Resources Ltd.

Equity-Insider.com News Commentary

VANCOUVER, BC, May 8, 2026 /CNW/ -- Global copper smelters are now paying mines for the privilege of buying their concentrate, with spot treatment charges collapsing to negative $70 per tonne by late March[1]. That is not a typo. The feed that keeps refineries running is so scarce that the traditional pricing relationship has flipped on its head, and executives at the Financial Times Commodities Global Summit confirmed in April that declining ore grades, ballooning capital costs, and permitting timelines stretching beyond a decade are choking off new supply precisely when electrification needs it most[2]. This structural bottleneck is directing capital toward companies that already hold permitted, drill-tested ground in proven copper belts: Salazar Resources (TSXV: SRL) (OTCQB: SRLZF), Ero Copper (NYSE: ERO) (TSX: ERO), Capstone Copper (TSX: CS) (OTCPK: CSCCF), Hot Chili (TSXV: HCH) (OTCQX: HHLKF), and Hudbay Minerals (NYSE: HBM) (TSX: HBM).

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