Chiyoda lands $2 7B contract for new copper smelter in Indonesia greencarcongress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from greencarcongress.com Daily Mail and Mail on Sunday newspapers.
Here’s a breakdown of what Europe’s green agenda could mean for copper, whether the region can meet its own supply needs and what analysts say about the challenges ahead.
The essential role of copper in economies around the world is well known, but as governments continue to shift toward green energy, what could be in store in the long term for the metal?
As the world moves away from fossil fuels, battery metals such as lithium and cobalt are getting attention for the essential roles they play in electric vehicle (EV) batteries. But copper also has a prominent place in the green energy future.
The COPX ETF: Copper Prices Continue Their Climb May 3, 2021
Copper prices hit $10,000 a ton for the first time since 2011, and as they continue to rocket upwards, ETF investors looking to get industrial metals exposure can check out the
”The copper price has gone stratospheric and probably has further to go, which is a boon for miners who are currently making at least two dollars for every one they spend getting metal out of the ground,” said Robert Edwards, an analyst at CRU Group, in a Mining.com article.
COPX seeks to provide investment results that correspond generally to the price and yield performance of the Solactive Global Copper Miners Total Return Index, which is designed to measure broad-based equity market performance of global companies involved in the copper mining industry. The fund is up over 30% so far this year.
Global Copper Concentrate Market Expected to Reach US$ 93 Billion by 2027 texasguardian.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from texasguardian.com Daily Mail and Mail on Sunday newspapers.