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Manufacturers Expand at Fastest Pace in 50 Years, Boosting Commodity Prices etftrends.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from etftrends.com Daily Mail and Mail on Sunday newspapers.
As the third most-consumed metal on the planet, behind iron ore and aluminum, copper is all around us. Found naturally in the Earth’s crust, copper was among the first metals used by early humans, dating back to the 8th century, BC. Three thousand years later homo sapiens figured out how to smelt copper from its ore, and to alloy it with tin to create bronze. Bronze was useful for tools and weapons, making it one of the most important inventions in the history of civilization. The Copper Age Nothing happens without copper; as it turns out, not even civilization itself. Beginning around 5,000 BC, the “Chalcolithic” (from the Greek “khalkos” for copper and “lithos” for stone) or Copper Age was a transitionary period between the Neolithic (Stone Age) and the Bronze Age. ....
I’ve covered the mining industry for more than a decade and during that time have had many opportunities to listen to presentations and speeches by Ivanhoe Mines’ founder Robert Friedland. I also interviewed him at length for an article about his career when The Northern Miner gave him a Lifetime Achievement award in May 2017. But I think his remarks last week at the CRU World Copper Conference were among his most enlightening. Videoed from his home in Singapore, Friedland spoke about the green energy transition and how important copper will be for the new world economy. Whether you are a Friedland fan or not, you can’t disagree with his conclusions that, as the world transitions from hydrocarbons (oil and gas) and moves toward electrification and greener energy sources, metals like copper will be more important than ever before. In fact he described copper in the medium term as a “national security issue” as countries around the world will have to scramble to lo ....
Manufacturers Expand At Fastest Pace In 50 Years, Boosting Commodity Prices forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.