German carmaker BMW has invested in Jetti Resources, which has technology to extract more copper from low-grade resources and produce metal with a low carbon footprint. mining
German carmaker BMW has invested in Jetti Resources, which has technology to extract more copper from low-grade resources and produce metal with a low carbon footprint, BMW said on Thursday.
Electric vehicles require about 2.5 times more copper than internal combustion cars, according to S&P Global, which also forecasts shortfalls because demand for the metal used in the power sector is due to double to 50 million tonnes by 2035. “This new process has the potential to improve the environmental footprint and integrity of our supply chain, even with growing demand for resources like copper,” said Wolfgang Obermaier, head of indirect goods and services for BMW.
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