_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 ll more 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: 50K times
✓ Published: 21-May-2024
👁 View: 50K 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
_2-more-weeks.webp "Gareth.T")
_2-more-dead.webp "RJD2")
_melissa-joan-hart-feels-39really-guilty39-about-taking-britney-spears-out-clubbing-when-she-was-underage.webp "Melissa Joan Hart feels \")
⏲ 1:14 👁 20.3M
_procol-harum-03-still-there39ll-be-more-1971.webp "Beat-Club")
_92.webp "Meet the 'yes mum' who \")
_donny-hathaway-i-love-you-more-than-you39ll-ever-know.webp "Alf")
_gary-moore-i-love-you-more-than-you39ll-ever-know.webp "Sung Soo Han")
_the-biggest-opportunities-for-businesses-utilizing-ai.webp "In a world where AI is evolving rapidly, how can AI experts and entrepreneurs harness the rapid evolution of the technology? This panel at Imagination In Action’s ‘Forging the Future of Business with AI’ Summit of Rana el Kaliouby, Danish Goyal, Lin Qiao, Will Coffee and Yair Adato looks at what entrepreneurs can make the technology work for them.<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
_2-more-weeks.jpg)
_2-more-dead.jpg)
_melissa-joan-hart-feels-39really-guilty39-about-taking-britney-spears-out-clubbing-when-she-was-underage.jpg)
_procol-harum-03-still-there39ll-be-more-1971.jpg)
_92.jpg)
_donny-hathaway-i-love-you-more-than-you39ll-ever-know.jpg)
_gary-moore-i-love-you-more-than-you39ll-ever-know.jpg)
_the-biggest-opportunities-for-businesses-utilizing-ai.jpg)
![[+]](/images/menu.gif){kind=small}