Asset Classes

Metal

Copper i asoft, malleable and ductile metal that conducts heat and electricity well. It is commonly used in electrical wiring and equipment.

More About Copper

  • The global copper market is huge - bigger than all other industrial metals combined
    • 7x size of nickel
    • 30x size of lithium

Copper Uses
  • Key material in the electrification of the world
    • Electrical Equipment (appliances, motors, machines, cars, etc)
    • Wiring
    • Demand continues to grow as technology introduces more electrical machines/devices
    • Demand continues to grow as the world urbanizes and continues to electrify
    • Move from Gas to Electric Cars quadruples copper use per car (60-240 pounds)