High Copper Prices Shine Light on $264 Billion in Mining & Smelting Projects
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SUGAR LAND--June 3, 2021--Research by Industrial Info Resources (Sugar Land, Texas)--There's a lot of discussion these days around the potential increase in demand for copper due to the growing energy transition buildout, such as for electric vehicles, which could require as much as four times as much copper as conventional autos. While the long-term outlook is very encouraging for copper mining and smelting companies, the challenges in meeting future demand are daunting.
Companies featured: Freeport-McMoRan Incorporated (NYSE:FCX)
