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Georgian Mining Corp

Copper demand set to grow as the data centre industry changes

Copper use in the data centre (DC) industry will continue to grow as the market is moving towards large and hyperscale DCs on one hand and the edge DCs on the other, according to new research commissioned by the International Copper Association (ICA).

The research, conducted by BSRIA, found that large and hyperscale DCs will account for 67% demand of copper in the building contained sector by 2030, increasing from 37% in 2018.

Growing demand for the seamless delivery of an increasing number of IoT related services has resulted in a move towards Large and Hyperscale DCs.

Georgian Mining Corp (LON:GEO) is an AIM listed copper & gold development and exploration company that operates mainly in Georgia on the prolific Tethyan Belt.

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