Stig Östlund

fredag, juni 24, 2011

Copper as a Critical Metal

Copper Investing News
 
The world needs copper, and lots of it. Output of the red metal has already doubled in the last 16 years, however, according to Jack Lifton, founder of Technology Metals Research, this output needs to double again; a feat that is going to be a very big challenging.
This comment was just one of many bullish statements made about the state of the copper market at the recent Critical Metals Symposium in Vancouver. When a board of panelists, including Lifton, was asked which, of all the critical metals, is the most “crucial” the answer was- copper.
The definition of a critical metal is not precise; however, simply put, a critical metal is a metal that is “vital” for the world to function in its current state. Critical metals are “dynamic” and the definition of a critical metal depends on many factors. These factors include location, the period of time, and the current economic and political environment.

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