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KEFI Minerals Plc

The Copper Market: Demand and Economic Value

The direct copper market in the EU is made up of around 500 companies, has an estimated turnover of about €45 billion, and employs around 50,000 people.

However, what is far more important is the breadth of industrial and service sector employment that is based on the added value achieved through the use of copper products (e.g. energy utilities, electricians, automotive companies, electronic equipment manufacturers, plumbers and roofers). These “downstream” sectors employ several million people and represent a substantial part of EU’s industrial base.

KEFI Minerals plc (LON:KEFI) is an exploration and development company focussed on gold and copper deposits, primarily in the highly prospective Arabian-Nubian Shield.

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