Wood MacKenzie Report Highlights Complexities in Mining Copper Supplies
Copper is expected to play a significant role in electrification as the world works to decarbonize supply chains to reduce global emissions. As the demand for the red metal increases, obtaining a steady supply of the metal has become a priority for industries and governments alike. However, a recently published report by Wood Mackenzie highlights that making this a reality may be harder than investing in new mines. The report starts by explaining that without copper, the world cannot decarbonize. It adds that with demand expected to increase as countries work toward achieving climate goals, the demand for the red…
