Copper’s Growth Trajectory Could Create Electrifying Gains | Metals Mine

  • Copper’s Growth Trajectory Could Create Electrifying Gains

    From etftrends.com

    Given short-term and long-term price implications, the growth trajectory for copper could be electrifying. That’s literally the case as the industrial metal’s usage in electricity is giving way to its ubiquity. As the world relies more heavily on electricity to power day-to-day devices, cars, and a swathe of other applications, the need for copper will only intensify. Global investment into alternative energy has already been growing at a fever pitch pace. At the center of this growth is electricity, which is translating into higher demand for copper. “Anywhere we see electricity needing to be transmitted, ... (full story)

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