Mining News Pro - New electric vehicles from Tesla and rivals are being engineered for efficiency in a way that cuts copper content, changes that could limit demand growth for the metal as the next-generation of EVs hits the road, industry analysts say.

Saturday, July 8, 2023 - 23:41:31

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Mining News Pro - Light duty electric vehicles with battery packs of up to 100kWh use three to four times the amount of copper of gasoline and diesel-powered equivalents: 80-85kg in the high-voltage batteries and motors of EVs compared to 20-25kg for low voltage wires in internal combustion engined cars.

Friday, January 28, 2022 - 12:46:04

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Mining News Pro - Sandfire Resources has surpassed its production guidance for the 2021 financial year thanks to strong demand for its copper from the DeGrussa operation in Western Australia.

Wednesday, July 14, 2021 - 13:34:36

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Mining News Pro - Research firm Fitch Solutions Country Risk and Industry has revised its copper demand forecast to 31.7-million tonnes in 2030, up from the 29.8-million tonnes previously forecast.

Friday, June 25, 2021 - 17:47:55

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Mining News Pro - Ample copper supplies next year and in 2023 will keep the market balanced, but miners need to start investing in new capacity now to meet a pick up in demand growth as economies switch to renewable energy.

Wednesday, April 28, 2021 - 14:31:08

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Mining News Pro - BHP president of minerals for the Americas Ragnar Udd has expressed his optimism for growing copper demand in the future at the CRU World Copper Conference in Chile.

Wednesday, April 14, 2021 - 1:18:05 PM

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Mining News Pro - Chile’s Codelco, the world’s top copper producer, sees demand for copper continuing to rise through the next three to four years, and believes the price of the red metal is likely to hover at $3 or more per pound, board chairman Juan Benavides said on Friday.

Sunday, March 14, 2021 - 6:20:33 PM

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Mining News Pro - A slide in copper demand as much of the world`s manufacturing sector is disrupted by the coronavirus outbreak is expected to fuel a surplus this year of up to a million tonnes in what was expected to be a balanced market.

Tuesday, March 24, 2020 - 9:13:26 PM

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Mining News Pro - Chinese copper stocks are returning to favour as the outlook for demand brightens, with a late spurt delivering the best annual gain in half a decade for the largest, Jiangxi Copper Co, reports Bloomberg.

Sunday, January 5, 2020 - 10:14:38 AM

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Mining News Pro - The BisReport International Group of Experts predicts that demand for copper in the world will increase from 23.6 million tons in 2018 to 29.8 million tons by 2027, an increase that will lead to a rise in the price of red metal in the global market.

Tuesday, November 6, 2018 - 8:41:51 AM

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Mining News Pro - ICSG calculations show that copper production will grow by 2% this year and will grow by 1.2% for 2019.

Sunday, October 14, 2018 - 9:14:22 PM

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Mining News Pro - China`s overseas expansion will spread over land that is home to more than half the world`s population, potentially boosting copper use by 1.6 million tonnes, or roughly 7 percent of annual demand, major miner BHP said on Thursday.

Thursday, October 4, 2018 - 9:29:31 AM

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Mining News Agency - Copper demand is forecast to increase significantly as demand for electric vehicles surges to 140 million by 2035 from about 1 million today, Danny Malchuk, president of operations at BHP’s Minerals Americas division, said last week. “We want more copper resources in our portfolio. And we believe the most valuable pathway to achieving this is through exploration, the drill bit,” added Malchuk, speaking at a Bloomberg forum.

Monday, November 6, 2017 - 9:59:45 AM

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