45 global copper demand in vehicles increasing significantly , we expect to see a tightly balanced market and a supply gap in the medium and long term .
“ Our uniquely positioned copper business is perfectly placed to service the forecast supply / demand gap in the market — we have transformed the business through our operating model , and P101 , improving the performance of our most value-driving mining and other processes to industry best-in-class benchmarks , then pushing the capability boundary further . Our operating model provides structure , stability and predictability in the way that we plan , do and revise our core processes .
“ Through a strengthening of our portfolio , with the approval of the Quellaveco project and organic growth from both Quellavec , combined with optionality at Los Bronces and Collahuasi , we believe we are well placed to resource the future .”
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