The Beginning of a Massive Economic Rebound for Copper

Blue Moon
2 min readApr 23, 2021

Copper is a mineral and an element that is essential in our daily lives. Because of its high ductility, malleability, thermal and electrical conductivity, and corrosion resistance, it is a major industrial metal. It is a necessary component of our daily diet. Its antimicrobial properties are also becoming more significant in the fight against infection. In terms of quantity consumed in the United States, it ranks third behind iron and aluminum. sponsored post. We all know that we won’t run out of copper. Because just about 1.1 trillion pounds (roughly 13.6%) of the world’s inventory of this critical and precious metal have been mined throughout history. But with the recent situation that we encountered, both supply and demand for copper dried up. But now, the world is quickly waking up again. From this article that I read, the year 2021 could the beginning of a massive, worldwide economic rebound for copper. (1) This is just evidence that even if anything loses, there is still a chance for a comeback. Isn’t it the same as this one? Let’s talk about some more copper news.

The majority of copper is used in electrical equipment (roughly 60%), building (such as roofing and plumbing, roughly 20%), industrial machinery (such as heat exchangers, roughly 15%), and alloys (roughly 5%). Bronze, brass (a copper-zinc alloy), copper-tin-zinc, which was powerful enough to make weapons and cannons and was known as gunmetal, and copper and nickel, known as cupronickel, which was the chosen metal for low-denomination coins, are the most well-known copper alloys. Also, copper is an excellent material for electrical wiring because it is easy to work with, could be drawn into fine wire, and has a high electrical conductivity. Indeed, copper is useful in many ways. On the other hand, I came across this interesting article, it was said that we are going to need a telescope to see copper prices in the year 2021 (2) Curious? Do you want to know what they really meant? Let’s not miss out on this one, and let’s figure it out together.

Copper demand continues to increase around the world. This essentially means that an increasing amount of copper is released into the environment. Check disclaimer on my profile and landing page. In the copper sector, there are a lot of things that could happen. Take a peek to see for further progress on this.

Source 1: https://www.copper.org/education/c-facts/facts-print.html

Source 2: https://www.lenntech.com/periodic/elements/cu.ht

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Blue Moon

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