Copper Expected to Experience Shortages as Demand Increases

MiningNewsWire
Wednesday, October 5, 2022 at 3:22pm UTC

Dr. Nicole Adshead-Bel, a director at Cupel Advisory, stated last week that as Europe and the United States move toward using more electricity in energy and transportation, the demand for copper would increase as a result of the current supply crunches. Copper is usually used in renewable energy systems to generate power from hydro, solar, wind and thermal energy.

Adshead-Bell added that copper was an important industrial metal, noting that there was a…

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