Tag: renewable energy copper
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Vedanta’s $2 Billion Investment Boosts Saudi Copper Industry
Vedanta Copper International, a subsidiary of Vedanta Ltd, recently signed a Memorandum of Understanding with the Ministry of Investment and Ministry of Industries & Mineral Resources of Saudi Arabia. This collaboration involves a substantial investment of $2 billion in copper projects, including a greenfield copper smelter and refinery, as well as a copper rod project,…
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Growing Demand for Copper ETFs Amid Rising Shift to Renewable Energy
Copper, known for its electrical conductivity, plays a crucial role in various applications. With the increasing shift towards electric and renewable energy sources, the demand for copper is on the rise. This surge in demand is primarily driven by the need for copper in wind energy and electric vehicles, making it a key player in…