I don't think Justin at Westpac fully understands what is...

I don't think Justin at Westpac fully understands what is happening on the copper demand front re: decarbonisation of the power sector and the electrification of transport. They are both massive new sources of demand.

For those that did not read it earlier, there was an interesting article (see PDF below) titled "Why electric cars will take over sooner than you think".

What makes the end of the internal combustion engine inevitable is a technological revolution. And technological revolutions tend to happen very, very quickly.

In addition many governments around the world are setting targets to ban the sale of petrol and diesel vehicles.



Cheers

These are only my 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.