'Unmanageable' deficit looming in copper

COPPER demand from electric vehicles and renewable energy applications could surge eightfold by 2030, creating an “unmanageable” market deficit, analysts at Jefferies have warned.

'Unmanageable' deficit looming in copper 'Unmanageable' deficit looming in copper 'Unmanageable' deficit looming in copper 'Unmanageable' deficit looming in copper 'Unmanageable' deficit looming in copper

Copper demand from EVs and renewable energy projects could surge eightfold by 2030 leading to severe shortages

Jefferies said copper demand from renewable energy could rise to 6.