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Jubilee Metals Group Plc

Copper demand predicted to grow with smart cities

New research, commissioned by ICA, revealed copper is the material of choice for smart city technology, thanks to its unique conductive properties that lead to enhanced efficiency. As the adoption of new copper-based technologies increases, forecasts show copper demand in smart buildings will be a large growth area.

The global study, conducted by the Martec Group, found that total volume of copper in smart city technology is predicted to rise from 2.7 million tonnes in 2019 to 4.8 million tonnes in 2025.

Jubilee Metals Group (LON:JLP) is a global, diversified metal recovery company that operates world-class projects, ensuring a positive impact on the environment and its stakeholders.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.