2024-06-05 14:35:00 ET
Summary
- The growing need for copper in EV charging stations and AI data centers are boosting demand.
- As the demand for copper rises, its production growth continues to be slower than most other metals.
- The new demand for copper has collided with extremely slow growth in mining output, which has trailed that of just about every other ferrous and base metal.
By Erik Norland
At A Glance
- The growing need for copper in EV charging stations and AI data centers are boosting demand.
- As the demand for copper rises, its production growth continues to be slower than most other metals.
Read the full article on Seeking Alpha
For further details see:
Behind Copper's Record Rally