Copper Looking Strong28 Apr 2021 22:47
The US green proposals include subsidies for private ownership of electric cars and adding 500,000 new charging stations across the country; converting 500,000 school buses and the entire government transportation fleet to zero-emission vehicles.
Those stations, and that number of battery-run electric buses, would alone require nearly 200,000 tonnes of copper, according to an estimate by investment bank Jefferies. Renewable energy typically requires an estimated five times more copper than conventional sources.