article thumbnail

LME copper prices at 9-year high

Green Car Congress

Orders of enamelled wire for electric motors, air conditioning tube for appliances, electrodeposited foil for EV batteries, copper and alloy strip for interconnect and motor windings and cables for wind power generating equipment are all outperforming last year’s levels.

Price 399
article thumbnail

11 Intriguing Engineering Milestones to Look for in 2023

Cars That Think

One will provide Internet to rural Peru, two will service airplanes and cruise liners, and the final satellite’s use is yet to be disclosed. United States’ Wind on the Wire The largest renewable-energy infrastructure project in U.S. history— an $8 billion wind farm and transmission line —is set to begin construction in 2023.

Engine 126
article thumbnail

Adani Group’s USD 1.2-bn copper plant to boost India’s metal production – ET Auto

Baua Electric

Technologies critical to the energy transition like electric vehicles (EVs), charging infrastructure, solar photovoltaics (PV), wind and batteries, all require copper. The two top producers — Chile and Peru — account for 38 per cent of world production. Globally, copper production is more concentrated than oil.

Auto 52