What is Copper and what is its strategic importance ?

Copper is a reddish metal that is atomic number 29 on the periodic table. It is one of the first metals extracted and used by humans. Since the beginning of civilisation, the metal has made key contributions to sustaining and improving society. Initially, the use of copper was limited to coins and ornaments.

*The majority of copper produced globally is used for the construction of buildings, electrical and transportation equipment, electronic segments, industrial machinery, and consumer products.

*The surging demand for electric vehicles (EVs) has also cranked up the demand for copper. It is a crucial metal for the manufacturing of EV batteries, charging infrastructure and control systems.

*As per the USGS Mineral Commodity Summaries (2020) data, Chile is the leading producer of copper in the world. Coming in second is the nation of is Peru, which accounts for nearly 2,400Mt of copper production.


Disclaimer
The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media LLC (Kalkine Media, we or us) and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures/music displayed/used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it, as necessary.

   

Kalkine

Rated 4.3/5 based on 904 Reviews at Google My Business