The U.S Geological Survey (USGS) estimates global copper resources to be 2.1 billion metric tons, to which can be added 3.5 billion tons yet to be discovered 1 (average estimate) distributed throughout 11 regions of the world. Where is copper found? Who produces it? (Panorama) Diversified location of copper resources and reserves Copper intensity in low-carbon technologies – primarily the energy and transport sectors – is much higher than it is the case with more traditional energies ( Graphs 1 & 2). It is widely employed in the manufacture of electric cables and wires, plumbing, electronic equipment (printed circuits, electronic chips), in the transport sector (braking systems, injection systems, etc.), in buildings and for coin production.īut copper is attracting increasing attention as an essential material within the context of the energy transition. Points to remember: all the key elements about copper in a videoĭue to its multiple properties – thermal and electrical conductivity, corrosion resistance – copper has become an essential metal in our modern societies.Where is copper found? Who produces it?.Copper-intensive low-carbon technologies.In parallel, since the 2000s, China has been implementing a strategy aimed at securing supplies of a metal that is essential for many sectors across the global economy. Why be concerned about copper in the energy transition? A team from IFPEN’s Economics and Environmental Assessment Department anticipates that its consumption is set to soar over the period to 2050.
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