As the global transition towards clean energy gains momentum, copper (HGH24) is expected to play a vital role. This is because the industrial metal has four key properties that make it ideal for the clean energy transition - namely, conductivity (it has the highest electrical conductivity rating among non-precious metals); ductility (it can be shaped into pipes, wires, or sheets); efficiency (its thermal efficiency is 60% greater than aluminum); and finally, recyclability (it can be reused without any loss in performance).
Moreover, copper is an essential component for multiple forms of clean energy technologies, such as solar, wind, electric vehicles (EVs), and bioenergy. Data from S&P Global Market Intelligence suggests that due to the clean energy transition, demand for copper will rise by 82% between 2021 and 2035.
