WebJul 19, 2024 · The copper price hit a record high in May 2024 ($10,476 a tonne) and trading house Trafigura Group, Goldman Sachs, and Bank of America expect the metal to extend its recent gains. Whether it will be enough for a new supercycle is yet to be seen. Hindsight is 20/20 but the future looks electric. WebAsia as a region is a net importer of copper. There is a significant build-up of copper in use at a rate of nearly 3 Tg Cu/year. The per capita generation of copper waste (0.4 kg Cu/ …
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The contemporary European copper cycle: introduction
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