Copper demand growth to continue on the back of traditional and new applications | Metals Mine

  • Copper demand growth to continue on the back of traditional and new applications

    From miningweekly.com

    Global copper demand is projected to grow by 40% to 2040 with demand being driven not only by the global energy transition and digital transformation, but also by other factors. Speaking in a panel discussion at the London Indaba, on June 24, Anglo American strategy group head Paul Gait explained that continued copper demand is underpinned by aspects such as population growth in the developing world, robust GDP per capita in the developed world and strong demand for copper from both China and developed economies. He explained that any item that required electricity to function was made up of about 6% copper, thereby ... (full story)

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