Tag
COPPER
The Democratic Republic of Congo (DRC) recently surpassed Peru to become the second-largest producer of copper in the World.
In its latest (July 2023) Critical Minerals Market Review, the International Energy Agency (IEA) made a case for the emergence of critical minerals taking centre stage in discussions around the global energy transition.
These minerals are in high demand in the renewable energy sector, used for manufacturing everything from solar panels to batteries, etc
Copper futures on the LME gained about 0.8% at $5,822 per ton in official trading, after touching its highest level since Jan.