A new report indicates the need for 55 new copper mines by 2050 to meet the demand for vehicle electrification and renewable energy, emphasizing a significant expansion in copper mining.
Tag:
Copper Supply
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Copper prices surge past $10,000 per tonne on optimism about Chinese stimulus and potential interest rate cuts. Analysts predict copper could reach new record highs, with supply concerns and the green energy transition adding further fuel to the rally.