MLX 0.00% 43.0¢ metals x limited

It is the projected demand due to new technology relative to the...

  1. 199 Posts.
    lightbulb Created with Sketch. 24
    It is the projected demand due to new technology relative to the then total demand. Copper's largest demand is in conventional technology including electrical installations in building construction, which explains its absence. However, the graph does not tell you anything about demand and supply balance. Copper is expected to be in supply deficit over the next few years, and that is what counts in terms of the metal price.
 
watchlist Created with Sketch. Add MLX (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.