US-China trade rivalry fuels demand for copper stockpiles

While oil prices hog the headlines and gas only gets a mention when winter rolls around, a far more important metal has been quietly flying under the radar - copper. Once we look at the bigger picture, the scale of copper demand becomes hard to ignore. An electric vehicle requires roughly 80 kilograms of copper, compared with around 20 kilograms in a conventional car. Solar panels, charging stations and new power transmission lines stretching across entire regions all require copper.