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Rising Copper Demand Spurs Search for Alternative Climate Solutions
The metals industry is abuzz with a possible £31 billion ($39 billion) takeover of Anglo American Plc by Australian giant BHP Group Ltd. Anglo has rejected the offer arguing that it’s a significant undervaluation. The deal, if it happens, would make BHP the world’s top producer of copper — a metal that’s desperately needed in greater quantities for a world that’s electrifying quickly. Copper can make all sorts of green solutions a reality, from building out power lines and transport to clean energy and electric car manufacturing. BloombergNEF calculates that, based on the way copper's used today, reaching ... (full story)