Production Challenges, Surging Demand Keep Copper Prices Rising
Copper is a critical metal for many industries, among them electrical, construction, renewable energy, and automotive manufacturing. Its excellent conductivity, corrosion resistance, and recyclability make it indispensable for wiring, motors, electronics, and increasingly, in the infrastructure supporting green technologies such as electric vehicles and solar energy systems. This means that demand for the red metal continues to increase, especially as more countries continue to transition to the use of clean and sustainable industrialization. Currently, there’s a huge shortage of the metal, with analysts noting that new supply is still not enough to support demand. This comes after protests at the…