CRITICAL COPPER

A growing urgency to transition to clean energy is driving green initiatives , demand for innovative technologies and a shift to renewable energy . Consequently , many countries are considering what a critical mineral is . Copper , due to its natural conductivity and energy efficiency , plays a significant role in delivering this sustainable future , and demand for copper is expected to increase . Green applications with the potential to abate up to two thirds of global greenhouse gas emissions , such as electric vehicles ( EVs ) and smart buildings , all heavily rely on copper . According to analysis by Wood Mackenzie , demand for the metal is expected to grow by 11.5 million tons ( Mt ) in the EV sector and by 1.1Mt in the renewable energy sector by 2050 .