Our head of research talks about the latest trends in the copper industry and anticipates the sector’s future. Copper has a wide range of applications primarily because it is a good conductor of heat and electricity, corrosion-resistant, and recyclable. As a result, copper is mainly used as an electrical conductor.
-Global copper demand is expected to rise to 35.4M tonnes by 2030, reflecting a CAGR of 3.53% from 2020 to 2030 vs the historical rate (1960 – 2020) of 2.81%.
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Read the full report:https://www.researchfrc.com/rising-ev-sales-to-boost-long-term-copper-prices/