Absolutely Steve—copper and other industrial metals are quickly becoming the “new oil” in the race for green energy dominance.
With copper’s critical role in EVs, renewable energy, and infrastructure, nations could ramp up stockpiling or impose export restrictions to secure their supply chains.
China’s already ahead of the curve, aggressively buying up global copper reserves, while the US might follow suit as it pushes for clean energy independence.
For traders, this could mean increased volatility in industrial metal prices and potential opportunities in mining stocks or ETFs tied to copper and rare earths.