Investor Relations

High growth in copper

Copper is key to a sustainable future

‘‘Increasing penetration of renewables in the energy mix and carbon neutrality targets announced by various countries augur well for copper intensive green end-use sectors’’ Wood Mackenzie, Global copper long-term outlook Q4 2020
‘‘Achieving carbon neutrality means a much higher rate of electrification, a higher share of renewable power and more electric vehicles on the road. This will provide significant upside to copper demand.’’ Wood Mackenzie, Global copper long-term outlook Q4 2020
‘‘Upside risks for copper demand emerge as China aims to become carbon neutral by 2060. A greener China will support higher copper demand over the longer term.’’ Wood Mackenzie, Global copper long-term outlook Q4 2020
‘‘Decarbonisation commitments are a major upside risk to our long-term copper demand forecasts. In the world ex-China, Europe is expected to lead the way. If effectively implemented, US president-elect Biden’s climate plan would also support higher copper demand.’’ Wood Mackenzie, Global copper long-term outlook Q4 2020
‘‘As a result of the renewed interest in public healthcare and hygiene, the application of copper is likely to be expanded in medical equipment and public facilities given the metal’s antimicrobial properties.’’ Wood Mackenzie, Global copper long-term outlook Q4 2020
‘‘Antimicrobial copper, brass and bronze surfaces kill greater than 99.9% of bacteria tested within 2 hours of exposure.’’ Copper Development Association Inc.