• Copper prices jumped 17% last week after U.S. President Donald Trump announced potential 50% tariffs on the industrial metal.
• Global copper market is forecast to reach $253.82 billion by 2029, driven by the rapid rise of EVs, renewable energy, and infrastructure investment.
• Supply risks in key producing regions like Chile and Peru support new project development in other jurisdictions.
• Silvercorp’s El Domo copper-gold project in Ecuador is slated for production by late 2026.
• Backed by strong cash flow from its existing silver operations in China, Silvercorp is growing and diversifying its portfolio at a critical time for the copper market.

Copper prices jumped 17% last week after U.S. President Donald Trump announced potential 50% tariffs on the industrial metal. The move comes amid widespread expectations of a significant rise in global copper demand over the next decade, supported by accelerating demand across construction, electric vehicles (“EVs”), renewable energy infrastructure, and electronics. As this momentum builds, Canadian mining company Silvercorp Metals (NYSE-A/TSX: SVM), is expected to benefit through the development of its copper-gold El Domo project in Ecuador, alongside existing silver and base metal operations in China.

According to a Research and Markets report, the global copper market is expected to grow from $176.88 billion in 2024 to $253.82 billion by 2029, registering a compound annual growth rate (“CAGR”) of 7.4 (https://ibn.fm/2KQBK). The expansion is being driven by key global trends including the rapid rise of…

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For more information, visit the company’s website at www.silvercorpmetals.com/welcome.

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