Goldman Sachs says China is expected to drive half of global copper consumption growth over the next five years. Photo: Reuters

Goldman lifts copper price forecast to US$7,050, with China expected to drive half of global demand over next five years

Rising electric vehicle sales to play significant part, as pure battery-powered cars use about four times the amount of copper than conventional internal combustion engines

Topic |   Goldman Sachs

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Goldman Sachs says China is expected to drive half of global copper consumption growth over the next five years. Photo: Reuters
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