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Copper is the new oil

“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 one of the most important commodities of this cycle.”

See full article: Goldman Sachs Calls 10-Year Commodity Supercycle