According to an S&P report on The Future of Copper, copper demand is expected to almost double by 2035 and will continue to grow as the world pursues the global transition to net zero. Copper’s natural conductive properties make it the material of choice for electrification, a foundational strategy for meeting the goals of the Paris Agreement. Nearly 70 percent of copper is used in electrical applications due to its high electrical and thermal conductivity and safety
. Green technologies, such as renewable energy systems, electric vehicles (EVs) and energy-efficient infrastructure, rely on copper, and as the world implements these technologies, demand for copper will continue to climb. For example, renewable energy systems require up to 12 times more copper than fossil fuel-based systems, and EV’s use between two and three times more copper than internal combustion engine (ICE) vehicles.
KEFI Gold and Copper plc (LON:KEFI) is an exploration and development company focussed on gold and copper deposits, primarily in the highly prospective Arabian-Nubian Shield.
