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Topic Title: Copper and Cable Prices.
Topic Summary:
Created On: 28 September 2017 10:33 AM
Status: Read Only
Linear : Threading : Single : Branch
 Copper and Cable Prices.   - Zoomup - 28 September 2017 10:33 AM  
 Copper and Cable Prices.   - Legh - 28 September 2017 03:45 PM  
 Copper and Cable Prices.   - Zoomup - 28 September 2017 05:09 PM  
 Copper and Cable Prices.   - AJJewsbury - 28 September 2017 06:55 PM  
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 28 September 2017 10:33 AM
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Zoomup

Posts: 3270
Joined: 20 February 2014

Mornin All,

A large international mining company has suggest that the switch to electric vehicles will drive the demand for copper. Cable prices are likely to rise.

Apparently "copper is the metal of the future." Battery technology requires zinc, lithium and cobalt, but the biggest demand for new electric vehicles will be copper. Electric vehicles need four times as much copper as their conventional types.

Copper prices have rallied by a fifth over the summer due to increase demand expectations.

A forecast predicts that 140 million new electric vehicles will be on the roads by 2035.

A medium sized electric vehicle still needs subsidies to compete, so a lot depends upon batteries, policy, and infrastructure.

Z.
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