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Teck CEO says copper demand outpacing economic growth in ‘electricity-intensive’ era
Metals miner Teck Resources expects structural copper demand to outpace broader economic growth over the coming years, as electrification, digital infrastructure and urbanisation drive what it describes as an “electricity-intensive” phase of global expansion. Speaking at the BMO Capital Markets Global Metals, Mining and Critical Minerals Conference this week, CEO Jonathan Price said copper sits “at the heart of electrification”.“In the coming years, we expect global growth to shift into an electricity-intensive phase driven by continued investments in the digital economy, energy transition, and rapid ... (full story)
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