BHP bid for Anglo American spotlights surge in copper demand
Friday, 26 April 2024 () London (AFP) April 25, 2024
From electric vehicles, to solar panels, wind turbines and energy storage - the diverse uses of copper in the green energy sector have created a surge in demand for the metal. According to the International Energy Agency (IEA), the copper market grew by around 50 percent between 2017 and 2022, reaching nearly $200 billion. The amount of copper consumed worldwide has doubled in 20 years
Copper demand is going to outstrip supply, says Teo Dechev, CEO of Mundoro Capital. Even without more EVs & electrification, copper supply will be tight, she notes. With electrification, the..
Friday, 26 April 2024 ()
![Copper Supply: A Train Wreck | Teo Dechev [Video]](https://video.newsserve.net/300/v/20240408/1712608366-Copper-Supply-Train-Wreck-Teo-Dechev.jpg)
