_39copper-is-the-new-oil39-analyst-predicts-copper-could-surge-50-driven-by-ai-and-green-energy-revolution.jpg "'Copper Is the New Oil:' Analyst Predicts Copper Could Surge 50% Driven by AI and Green Energy Revolution from valo acid than Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:40
👁 View: 305K times
✓ Published: 21-May-2024
👁 View: 305K times
✓ Published: 21-May-2024
Description:
Jeff Currie, chief strategy officer of Energy Pathways at Carlyle, says copper is emerging as the next indispensable industrial commodity like oil was in previous decades. Demand for copper is being driven higher by artificial intelligence, the exponential growth of data centers, the green energy revolution, and increased military spending. Copper prices have already hit record highs of $10,000 per ton in London, more than double the pandemic lows in early 2020. Currie predicts copper prices could surge another 50% to $15,000 per ton due to tight supply and growing demand from multiple sectors.
Jeff Currie, chief strategy officer of Energy Pathways at Carlyle, says copper is emerging as the next indispensable industrial commodity like oil was in previous decades. Demand for copper is being driven higher by artificial intelligence, the exponential growth of data centers, the green energy revolution, and increased military spending. Copper prices have already hit record highs of $10,000 per ton in London, more than double the pandemic lows in early 2020. Currie predicts copper prices could surge another 50% to $15,000 per ton due to tight supply and growing demand from multiple sectors.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_man-drives-at-speeds-of-more-than-100mph-during-police-pursuit.webp "Dramatic dashcam footage shows the moment a man in a stolen BMW drove at speeds in excess of 100mph along narrow winding roads during a dangerous police pursuit.")
_food-si-court-case-update-124-cid-exam-food-si-re-exam.webp "Souptick")
⏲ 5 minutes 2 seconds 👁 333
_suvendu-adhikari-39-39.webp "Asianet News Bangla")
⏲ 6 minutes 32 seconds 👁 188.8K
_billie-eilish-had-92.webp "Billie Eilish finally knows who she is and is \")
_extracting-the-citric-acid-from-lemons.webp "NileRed")
_10-doctor-who-episodes-more-important-than-you-realised.webp "A single 60 minute episode inadvertently paved the way for Doctor Who's bright future.")
_endoscopic-treatment-for-gastro-esophageal-reflux-disease-gerd-or-known-as-acid-reflux.webp "SurgMedia")
⏲ 2 minutes 21 seconds 👁 26.6K
_my-advice-for-every-rank-in-valorant.webp "Konpeki"){kind=icon}
_man-drives-at-speeds-of-more-than-100mph-during-police-pursuit.jpg)
_food-si-court-case-update-124-cid-exam-food-si-re-exam.jpg)
_suvendu-adhikari-39-39.jpg)
_billie-eilish-had-92.jpg)
_extracting-the-citric-acid-from-lemons.jpg)
_10-doctor-who-episodes-more-important-than-you-realised.jpg)
_endoscopic-treatment-for-gastro-esophageal-reflux-disease-gerd-or-known-as-acid-reflux.jpg)
_my-advice-for-every-rank-in-valorant.jpg){kind=icon}
![[+]](/images/menu.gif){kind=small}