View full page at metalsmine.com

 

Is now the right time to get on a copper boom?

From blog.hycmlab.com

{video}The world is making a sharp pivot to ‘green energy’. One commodity that is crucial to that is copper. Copper is both relatively easy to shape and a great conductor. As electric vehicles, solar farms, wind farms and other renewable energies seek to replace oil and gas, copper is likely to be in high demand. According to the International Energy Agency, an offshore wind turbine requires 8 metric tons of copper per megawatt, and an electric vehicle car needs around double the amount of a regular petrol/diesel vehicle. Copper demand is set to more than double by 2040. See here for a fascinating report from the ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis