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The Economic Times
The Economic Times
Business

SHOCKING: The new oil why the world is chasing copper | Mind Blowing Facts

Copper, often called the "metal of electrification," has emerged as one of the most strategically important commodities in the global economy. Once viewed mainly as a basic industrial metal, copper is now at the center of the world's transition toward clean energy, electrification and digital infrastructure.

The sharp rise in copper prices in recent years reflects growing concerns over future supply shortages and rapidly expanding demand. More than a cyclical commodity rally, this reflects a structural shift driven by copper's critical role in renewable energy, electric vehicles (EVs), power networks, electronics and advanced technologies.

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