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“…Executives say #copper could follow lithium, nickel and cobalt in having carmakers finance mines in return for supply or could look to how utilities have signed long-term deals with miners to fast-track new uranium supply…”
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Electrification of the global vehicle fleet would require 55% more new copper mines coming online by 2050, the target year for net-zero emissions.
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Copper rose for a third day, extending its rebound from a two-month low, as investors weighed possible stimulus measures in China and interest-rate cuts in the US.
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