Analyst Says Current Company Valuations, Prices Unfavorable for Increasing Copper Production

August 16, 2022 13:56:41

The International Energy Agency predicted in its 2017 World Energy Outlook that by 2040, China may have exceeded the European Union’s energy consumption. In the report, the agency stated that electricity was the rising force among global end uses of energy, noting that it would make up 40% of the increase in final consumption by 2040. To help produce and distribute electricity in this new world, a recyclable and durable metal that possessed good electrical conduction properties would be needed.

This is why many expect that as the world enters a new era of technological innovation and international industrialization, the demand for…

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