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Copper Market Slump Threatens Shift to Wind Power, Electric Cars

by Edinburg Post Report
November 11, 2023
in Latest • Trending
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A prolonged slide in copper prices is challenging the world’s shift to renewable energy sources.

Mining firms will need to dig up gigantic amounts of new copper over the next several years to supply the transition to renewables. But demand is slumping right now from manufacturers and builders who use the metal in everything from electrical wire to roofing. 

Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Tags: Alternative Fuel VehiclesAutomotivebasic materialsBasic Materials/ResourcesC&E Exclusion FiltercommodityCommodity MarketsCommodity/Financial Market NewsContent TypesCopper Marketscopper oreCopper Ore/Nickel Ore MiningElectric Power GenerationElectric UtilitieselectricityElectricity/Gas UtilitiesEnergyFactiva Filtersfinancial market newsgas utilitiesMetal Ore MiningMetals MarketsminingMining/QuarryingMotor Vehiclesnickel ore miningNon-ferrous Metal Ore MiningNon-ferrous Metals MarketsquarryingRenewable Energy GenerationresourcesSYNDUtilitiesWind EnergyWSJ-PRO-WSJ.comwsjfinancewsjfinance-markets
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