BHP president of minerals for the Americas, Ragnar Udd has laid out why he is so bullish on the copper industry at the moment.
He said "A great example is electric vehicles. Policy signposts for rapid electric vehicle (EV) adoption were distinctly favourable over the last (12) months and we have revised our internal EV penetration forecasts upwards,". He added, "These vehicles use four times as much copper as petrol-based cars, and they will also need more infrastructure to connect charging stations to the grid.".
https://www.*****.com/news/2021-04-14/Mining-giant-BHP-s-Udd-speaks-about-the-bull-run-in-copper.html
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