Copper: Key Driver Towards Sustainable Change Sponsored post
Copper was said to be one of the key drivers of the developing potential demand of the electric automobiles, according to some reports. Some models of EVs could require roughly 64 kilos of it, which could be roughly 10,000 times the quantity present in a typical cell phone. Moreover, researchers have said that global copper output could be currently at roughly 77,000 tonnes, implying that the globe might produce enough of this metal to possibly power roughly 1.2 million new electric cars each year, at a time when worldwide automotive production might be roughly 92 million.
The market of this metal seems to be seriously stretched by the late 2030s if potential demand continues to improve at an exponential rate. Check disclaimer in profile and in landing page.