Copper demand is growing
As we advance on a low-carbon economy—with more renewables and electric vehicles, and greater energy efficiency and electrification—global demand for copper and other non-ferrous metals rises. The World Bank’s 2017 report “The Growing Role of Minerals and Metals for a Low Carbon Future” illustrates how fundamental primary and secondary raw materials are to many sectors of the economy, particularly as they aim for carbon neutrality.
This is true globally, but especially in Europe, where our ambitious climate and energy goals for 2030, and the new 2050 net zero emissions strategy, mean we must accelerate uptake of clean technologies. As demand for raw materials increases, optimised flow of energy and materials, reduction of waste generation and smart use of by-products in co-located processes—the elements of a truly circular economy—become key to sustainably meeting that demand.
Metal Tiger Plc (LON:MTR) is a London Stock Exchange AIM-listed investing company primarily focused on undervalued natural resource opportunities.