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Copper at US$10,000/t fuels interest in substitutes

Efficiency gains in batteries and EV motors could reduce copper consumption, says Morgan Stanley

Tim Treadgold
Copper at US$10,000/t fuels interest in substitutes

Previous commodity booms have had the same effect on copper as the metal prices itself out of some applications. The substitution effect in metal markets can already be seen in platinum group metals...

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