Copper Above USD 14,000 a Tonne Recasts Africa’s Mining Fortunes
From trendsnafrica.com
The price surge is being driven by structural demand linked to the energy transition, including power grid expansion, renewable energy systems, and electric vehicle manufacturing. Strong consumption from Asia—led by China and emerging manufacturing hubs—continues to anchor global demand, while supply disruptions and limited new capacity in key producing regions have tightened balances. World Bank-referenced data suggest metals critical to electrification, particularly copper, are likely to retain medium-term structural support, elevating the metal’s strategic importance for resource-rich economies. For the DRC, ...
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