Marjorie Haun, a freelance journalist, writes: “Electric Vehicles cannot exist without copper, lithium, cobalt, nickel, graphite, and manganese, all of which can be found in the United States. Copper is the primary metal required for both existing and future electric transportation technologies, and is cheap when compared to other metals with comparable conductive properties such […]
“Metals prices are up, but mining companies aren’t spending. Their restraint could keep supplies tight and magnify shortages of raw materials such as copper and zinc that are critical for the transition away from fossil fuels.” “Auto makers such as General Motors Co. and Tesla Inc. are forming partnerships with producers to secure needed metals […]
Exxon Mobil CEO Darren Woods is predicting that “by 2040, every new passenger car sold in the world will be electric.” With electric vehicles using up to four times more copper than regular gasoline vehicles, copper will be a critical metal in this transition. Read the full article here.
“The transition to wind and solar energy and electric vehicles will be accelerated by energy storage technologies. Copper is a critical material component for the next great energy transition.” Expand full article: Copper and the Clean Energy Transition
“According to the analyst, the biggest beneficiary of the ongoing commodity supercycle are metals, which he has compared to oil in the 2000s thanks mainly to green capex. Currie says the ESG and clean energy transition is massive, with nearly all of the world’s nations pursuing clean energy goals at the same time, making copper […]