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A Major Copper Crunch Is Looming

Summary by Oil Price
Copper has become an essential building block in modern construction and energy. In the coming years, the global demand for copper is expected to increase significantly as it is used more widely for renewable energy projects and transmission. The Australian mining major BHP expects the demand for copper to grow by around 70 percent, to 50 million tonnes, by 2050, as it is used more widely for a range of applications. The adoption of electric veh…

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Sustainability meets industrial innovation: Successful start-up of a 93 million Euro project in Suhar At the beginning of June, a pioneering industrial project was successfully implemented with the formal opening of the first copper cathodes production plant in the region (Tailings) of the Sultanate of Oman.The plant in Suhar is the first of its kind in the entire region and converts old copper mining loads into high-purity copper using state-of…

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TOP News Österreich - Nachrichten aus Österreich und der ganzen Welt broke the news in on Friday, June 6, 2025.
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