As automakers and governments diversify more into cleaner but more copper-intensive technologies, copper supply is confronted with a growing challenge to meet demand. Crimped Chinese and global demand has brought the copper market on track to end 2024 with multi-year high surpluses, but inelastic mine development timeframes and ever growing solar, wind and electric vehicle (EV) demand are set to make 2024 a standout.
Argus considers how the factors of a reshaped demand picture might lead to a more expensive and tight copper market in the coming years.
This insight paper looks at:
- Copper’s role in the renewable and EV future
- The growing case for an impending global copper shortage
- Lead-times to develop new primary copper sources
Download the insight paper
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About Argus Media
As a leading authority on energy and commodity markets across the globe, Argus is uniquely positioned to provide in-depth analysis and expert thought leadership. Our white papers are carefully written by Argus specialists from across our company. Each white paper focuses on a topical theme, exploring areas such supply and demand dynamics, price trends, trading activity and changing regulations. We always aim to provide a balanced view, underpinned by data and insight gathered first hand from the market.
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