Thanks to the strategic importance of copper in the future of world economy, investment in the industry has a bright outlook, says managing director of the National Iranian Copper Industries Company.
"Presently, electricity accounts for 21% of world energy consumption. This share will increase to 51% in 2050 and the most important element in this strategy is copper,” Ardeshir Sa’d-Mohammadi was also quoted as saying by IRNA.
Copper is an industrial metal essential for global growth because of its excellent electrical conductivity. It is vital for the transition to sustainable sources of energy to ensure a clean and green future and for enabling digitalization, according to the London-based research group, Acuity Knowledge Partners.
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