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Title: Visualizing The Copper Investment Opportunity In One Chart
Source: [None]
URL Source: https://www.zerohedge.com/commoditi ... vestment-opportunity-one-chart
Published: May 10, 2024
Author: Tyler Durden
Post Date: 2024-05-10 05:59:15 by Horse
Keywords: None
Views: 34

Copper is essential for clean energy applications such as solar panels, wind turbines, and electric vehicles (EVs), as well as for expanding electrical grids.

The surge in demand for the metal, driven by the growing adoption of these technologies, presents a unique investment opportunity for early investors in copper mining companies.

Visual Capitalist's Bruno Venditti introduces this chart by Sprott exploring the growing gap between copper supply and demand until 2050, based on projections from BloombergNEF’s Transition Metals Outlook 2023.

Poster Comment:

Copper helps silver miners but that projected EV demand will fizzle.(1 image)

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