Scorching demand for copper - Australian Resources & Investment
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Scorching demand for copper - Australian Resources & Investment
Image: Minakryn Ruslan/adobe.stock.comCopper prices are rebounding amid global market instability, with hotter temperatures and surging power demand for cooling and data centres expected to accelerate long-term demand for the metal. Following a sharp drop in early April, copper prices have staged a strong comeback, rising by more than 12 per cent to $US4.70 ($7.27) per pound in the past month. A key driver of this surge is the widening gap betwe…
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