The copper mining industry is approaching a turning point.
In electric vehicles ('EV'), copper is a major component used in the electric motor, batteries, inverters, wiring and in charging stations.
An acceleration in demand for EVs over the next 7 years is expected to be the main copper demand driver.
Cheers
These are only my random thoughts and it does not constitute investment advice. Before acting on any information you read and before making any financial or investment decisions, you should always consult your advisor(s) or other relevant professional experts.
HAV fanboy: still drinking the Kool-Aid
Copper Market Deficit by 2025
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