COPPER

Copper is of fundamental importance in a world increasingly reliant on efficient energy conduction. Copper’s highly conductive, ductile and anti-corrosive properties make it a vital component in modern economic development. Renewable energy technologies are at the forefront of the energy revolution. Over the next five years to 2021, renewables are forecast to account for 60% of global energy capacity growth. This in turn will increase their market share in electricity generation from 23% in 2015 to 28% by 2021[1]. This is being driven by a shift toward low emission electricity generation and distribution and rapid advances renewable energy capture and storage technologies.   Copper market balance and price forecast[2] Copper prices trended downwards from 2010 hitting multi-year lows in 2016 as … Continue reading COPPER