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Home / Metal News / Electric Vehicles to be Major Contributor to Copper Consumption

Electric Vehicles to be Major Contributor to Copper Consumption

Nov 7, 2016 09:54

Source:SMM

Rio Tinto believes development of electric vehicles will positive affect copper demand, wenhua.com reported.

SHANGHAI, Nov. 7 (SMM) - Rio Tinto believes development of electric vehicles will positive affect copper demand, wenhua.com reported.

By the year of 2030, solar power generation will use about 7-10 million tonnes of copper, the company’s Chief Executive Officer Jean-Sebastien Jacques said. 90 kg or even ore copper will be used to produce on electric vehicle.

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