Europe's leading the way in the electrification of their economy.
This is a pretty cool interactive map - most countries have electric vehicle incentives between €3000 and €10,000.
Then moving abroad the to U.S.A... Biden has recently passed the 100 day supply chain review.
Just over a $100 billion dollars is being invested into electric vehicle factories, battery manufacturing and semi-conductor manufacturing. All of these industries demand a considerable amount of copper.
Globally, the "middle class" is emerging at a rapid pace. What impact does this have on copper? Discretionary spending.
Copper Price news, page-100
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