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KEFI Minerals Plc

The European Green Deal is here to stay

This year’s European Sustainable Energy Week, with its theme “Clean Energy for Green Recovery and Growth”, comes at a critical moment. The COVID-19 pandemic has forced every sector to pause and revaluate its priorities. Besides the impact on public health and the fallout for the European economy, this crisis has led to a debate in Brussels on a critical question: should the European Green Deal continue to be a top priority as opposed to a singular focus on economic recovery?

The answer is unequivocally yes. The European Commission responded to this debate by reasserting its commitment to the European Green Deal and incorporating it into its recent Recovery Plan. The Commission also maintained most initial timelines for Green Deal initiatives in its updated 2020 Work Programme. The European Green Deal is here to stay.

Copper is an essential component of the energy technologies of the future.  The European Commission’s Joint Research Centre (JRC) published a report forecasting higher demand in the EU for materials like copper, among others, due to increased installation of renewable energy technologies.

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.