China’s demand for electric vehicles charges copper, and Citi expects prices to hit $6,700 a tonne as the metal is core to the next motoring generation. Copper is a very ordinary building material that has become entwined in every facet of our lives, from the wires in our homes to our smartphones and, critically, electric cars, which use three times the amount of the metal as those in a conventional vehicle. The start of a long-term demand trend is occurring in China, where copper in electric ...
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