As the world continues to move toward a sustainable and energy efficient future, copper has a major role to play. If global energy consumption reduces by three percent annually, copper demand would experience a cumulative increase of 17,672 KT over ten years, according to a study by Navigant Research and commissioned by the International Copper Association (ICA).
Based on the activity of the Three Percent Club, a collaboration of governments and supporting organizations that commit to working together to put the world on a path to three-percent annual efficiency improvement, the new research found copper demand would grow in six technology groups across transport, buildings and industry sectors.
Georgian Mining Corp (LON:GEO) is an AIM listed copper & gold development and exploration company that operates mainly in Georgia on the prolific Tethyan Belt.