The COVID-19 pandemic may have slowed or changed many aspects of the world as we know it, but the demand for copper that is being driven by clean energy isn’t one of them. A greener, sustainable planet is as heavily dependent on copper supply as ever.

Copper consumption in renewable energy technologies is on the rise. 

Copper consumption in renewable energy
Data and forecasts prepared by analysts employed by BMO Capital Markets Limited, presented in Cape Town at Mining Indaba 2020

Copper usage in Electric Vehicles is increasing too.

Copper usage in electric vehicles
Data and forecasts prepared by analysts employed by BMO Capital Markets Limited, presented in Cape Town at Mining Indaba 2020
Zambia's copper production until 2019
Zambia’s copper production (metric tonnes per annum) from 2006-2019

But Zambia’s copper production has dipped, after peaking in 2018 following massive outside investment in new mines in North-Western Province.

This much is certain: there is only one way to increase production levels and ensure that it’s Zambia’s copper that drives the green revolution: securing new investment.

 

 

 

See also: Will Zambian copper be part of the coming green revolution? 

 

 

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