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IPFS News Link • Economy - International

peak copper

• arclein
China is spending huge amounts of money on infrastructure, especially their power grid. The country's "new infrastructure" construction projects including a massive 5G rollout, and spending on electric vehicle charging stations, are expected to require 150,000 tonnes of copper, according to Bloomberg Intelligence data quoted by China Daily. India, to become competitive, needs to modernize its power grid; so too does Indonesia, they have to build all those smelters for in-country beneficiation of ore.