Alpha Copper – THE COPPER MARKET: SET TO GROW
THE COPPER MARKET:
SET TO GROW
The Biden administration’s recent infrastructure bill is like a shopping list of copper-based projects, with billions of dollars to back it up: 1
$39 Billion to modernize public transit, with an emphasis on zero-emissions vehicles
$65 Billion investment in improving the nation’s broadband infrastructure
$17 Billion in port infrastructure and $25 billion in airports to, among other things, promote electrification and other low-carbon technologies
$7.5 Billion for zero- and low-emission buses and ferries, aiming to deliver thousands of electric school buses to districts across the country
$7.5 Billion would go to building a nationwide network of plugin electric vehicle chargers
$65 Billion to rebuild the electric grid including building thousands of miles of new power lines and expanding renewable energy
TOTAL: $201 Billion in spending, all demanding copper
Related Posts
Tags
Share This
