Copper prices this week fell to the lowest since last November on weak economic data from China. Yet the International Copper Study Group, a group of copper exporters and importers, just said it expected a deficit of the metal this year. Others, such as commodity giant Trafigura, are sounding the alarm for long-term shortages, too, expecting record prices for the metal, without which the energy transition would be impossible.
Yet prices remain weak. And this is a big problem. Wind and solar installations require between…The Energy Transition Has A Metals Problem
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