FlowBank

1077 days ago • Posted by William Ramstein

Copper could become the new oil in decarbonised future

According to a 50 page report by Goldman Sachs, copper will be essential for decarbonisation, a green transition will support a surge in copper demand, and copper could surge to $15,000. However, the copper market is not prepared for its critical role in the movement and stick supply could threaten to deplete copper stocks mid-decade.

Source: themarketear

#Commodities
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