_39copper-is-the-new-oil39-analyst-predicts-copper-could-surge-50-driven-by-ai-and-green-energy-revolution.jpg "'Copper Is the New Oil:' Analyst Predicts Copper Could Surge 50% Driven by AI and Green Energy Revolution from loyal ai Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:40
👁 View: 305K times
✓ Published: 21-May-2024
👁 View: 305K times
✓ Published: 21-May-2024
Description:
Jeff Currie, chief strategy officer of Energy Pathways at Carlyle, says copper is emerging as the next indispensable industrial commodity like oil was in previous decades. Demand for copper is being driven higher by artificial intelligence, the exponential growth of data centers, the green energy revolution, and increased military spending. Copper prices have already hit record highs of $10,000 per ton in London, more than double the pandemic lows in early 2020. Currie predicts copper prices could surge another 50% to $15,000 per ton due to tight supply and growing demand from multiple sectors.
Jeff Currie, chief strategy officer of Energy Pathways at Carlyle, says copper is emerging as the next indispensable industrial commodity like oil was in previous decades. Demand for copper is being driven higher by artificial intelligence, the exponential growth of data centers, the green energy revolution, and increased military spending. Copper prices have already hit record highs of $10,000 per ton in London, more than double the pandemic lows in early 2020. Currie predicts copper prices could surge another 50% to $15,000 per ton due to tight supply and growing demand from multiple sectors.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_microsoft-is-in-its-ai-pc-era-124-the-vergecast.webp "The Verge’s Tom Warren and David Pierce discuss the announcements from Microsoft’s Surface event, including the new Arm-powered Surface Laptop, and Copilot Plus PCs. Verge senior AI reporter Kyle Robison joins the show to chat about OpenAI’s GPT-4o demo and where we’re headed in the next few years of AI. Nilay Patel answers a question about iPads for this week’s Vergecast Hotline.")
_loyal-feat-a-i.webp "Excel MixMaster - Topic")
_chris-brown-loyal-edited-version-ft-lil-wayne-tyga.webp "Chris Brown")
_openai-removed-chatbot-after-scarlett-johansson-says-it-copied-her-voice.webp "OpenAI has rolled back its new AI chatbot Sky after Scarlett Johansson accused the company of copying her voice.")
_these-hoes-ain39t-loyal-1962-full-song.webp "AI For The Culture")
_stock-market-to-rally-for-3-5-years-before-ai-bubble-bursts-predicts-veteran-analyst-gene-munster-92.webp "The stock market is set to continue its bull run for another three to five years before an AI bubble bursts, according to veteran tech analyst Gene Munster. Munster, the managing partner at Deepwater Asset Management, predicts that the stock market will continue to rise due to the increasing adoption of AI technologies. He believes that this trend will drive the market for the next three to five years, reported Business Insider.")
⏲ 1:0 👁 2.2M
_chris-brown-loyal-east-coast-version-audio-ft-lil-wayne-french-montana.webp "Chris Brown")
⏲ 4 minutes 27 seconds 👁 1.7M
_how-to-installing-the-loyal-ai-extension.webp "LOYAL AI")
_microsoft-is-in-its-ai-pc-era-124-the-vergecast.jpg)
_loyal-feat-a-i.jpg)
_chris-brown-loyal-edited-version-ft-lil-wayne-tyga.jpg)
_openai-removed-chatbot-after-scarlett-johansson-says-it-copied-her-voice.jpg)
_these-hoes-ain39t-loyal-1962-full-song.jpg)
_stock-market-to-rally-for-3-5-years-before-ai-bubble-bursts-predicts-veteran-analyst-gene-munster-92.jpg)
_chris-brown-loyal-east-coast-version-audio-ft-lil-wayne-french-montana.jpg)
_how-to-installing-the-loyal-ai-extension.jpg)
![[+]](/images/menu.gif){kind=small}