16/03/2022
Did you know—electric cars require about four times more copper than typical gasoline-powered vehicles? 🚙
With the demand increase for electric vehicles, the copper market outlook in 2022 is looking bright. Find out more here: https://bit.ly/3rZTJIZ.
Copper had a nice ride in 2021. After a stomach-churning 2020, the red metal went on to rebound sharply in 2021, hitting an all-time high of $10,512 per metric ton on May 9, 2021 – an increase of 130% compared to March 2020’s pandemic lows.