From today's West Australian newspaper:
Future wired for copper
Along with experiencing a short-term supply shortage, copper is set to undergo a “generational shift” in demand as decarbonisation ramps up, according to BNY Mellon lead portfolio manager Al Chu.
Copper is a leading barometer of global economic health due to its wide-ranging usage, including in electrical equipment and industrial machinery. It had a strong start to the year, given a weakening dollar and investor expectations to see a surge in demand after the reopening of the Chinese economy.
Mr Chu suggested that the most interesting aspect of the copper outlook was a “secular change” in long-term demand.
“Copper typically is used as a construction metal for wiring. . . but if we look at the decarbonisation net zero energy transition trend, copper is the new oil,” Mr Chu said ne
- Forums
- ASX - By Stock
- AR1
- 1000+ tpm Copper Producer
1000+ tpm Copper Producer, page-6
-
- There are more pages in this discussion • 22 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AR1 (ASX) to my watchlist
|
|||||
Last
16.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $84.34M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
AR1 (ASX) Chart |
Day chart unavailable
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O'Donovan, Executive Director
Gerard O'Donovan
Executive Director
SPONSORED BY The Market Online