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Decarbonisation and AI drive demand for copper
- Financial Advice
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- 13.05.24
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Copper is currently trading at around two-year highs, driven by the belief that the red metal's supply will struggle to keep pace with rising global demand, as well as a hedge against renewed inflation fears. Furthermore, copper is one of the key metals for the energy transition to a greener economy, writes Morningstar. This article explores the uses of copper, supply and demand, the role of AI and how to invest. Find out more.
