AW1 0.00% 12.5¢ american west metals limited

Copper is 'the new oil' and could reach $15,000 by 2025 as the...

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    Copper is 'the new oil' and could reach $15,000 by 2025 as the world transitions to clean energy, Goldman Sachs says

    • Copper has a crucial role in replacing oil with sustainable energy and achieving the goals of the Paris Agreement.
    • By 2025, the metal could be priced at $15,000 per ton, a rise of 66%.
    • Demand for copper will surge, but the market is facing a supply crunch.
 
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