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EV Motors Boost Copper Demand

The Promise and Limits of Urban Mining

Urban Mining is a concept that emphasizes the potential of cities, the human habitat and built environment as a source of raw materials. New research, commissioned by the International Copper…

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Copper Demand Predicted to Grow with Smart Cities

Total volume of copper in smart city technology to nearly double by 2025. New research, commissioned by ICA, revealed copper is the material of choice for smart city technology, thanks…

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Every Bit Counts: Markus Lends Laboratory Help at Skellefteå Hospital

In northern Sweden, Markus Nordqvist of Boliden sprang into action to help Skellefteå Hospital’s chemical laboratory as the coronavirus began straining the healthcare industry. During the pandemic onset, International Copper…

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Kennecott the First to Receive the Copper Mark for Responsible Production

August 25, 2020 Kennecott Utah Copper LLC, Rio Tinto’s site in Utah, United States, has become the first producer to be awarded the Copper Mark. To achieve the Copper Mark,…

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EV Motors Boost Copper Demand

According to research by IDTechEx (2020), over the next 10 years adoption of electric traction motors in on-road vehicles will cause a significant increase in copper demand. The research, commissioned by the International Copper Association (ICA), shows that by 2030 more than 250,000 tonnes of copper will be used per year as part of the windings in electric traction motors in on-road electric vehicles.

The increase in copper demand follows the trajectory of the global car market, where pure battery-electric cars are predicted to experience the largest gain in market share at the expense of internal combustion engine and hybrid vehicles. By 2030 battery electric and plug-in hybrid cars will account for roughly 19 percent of the total market, which is predicted to skyrocket to 72 percent by 2040 amid a declining auto market set to peak in 2031, according to IDTechEx.

Dr Richard Collins, Principal Technology Analyst at IDTechEx, noted, “Our global research found a clear increase in demand for copper as global car markets progress along the road towards ever greater electrification. Copper intensity fluctuates between the various types of electric traction motors, and the vast majority use copper. Motors will, therefore, be a significant source of growth for the copper industry over the next decade.”

Even as the demand for various electric traction motors changes, copper will remain a vital commodity for the global automotive market for years to come.

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Featured Resources

The Promise and Limits of Urban Mining

Urban Mining is a concept that emphasizes the potential of cities, the human habitat and built environment as a source…

Read More

Copper Demand Predicted to Grow with Smart Cities

Total volume of copper in smart city technology to nearly double by 2025. New research, commissioned by ICA, revealed copper…

Read More

Every Bit Counts: Markus Lends Laboratory Help at Skellefteå Hospital

In northern Sweden, Markus Nordqvist of Boliden sprang into action to help Skellefteå Hospital’s chemical laboratory as the coronavirus began…

Read More

Kennecott the First to Receive the Copper Mark for Responsible Production

August 25, 2020 Kennecott Utah Copper LLC, Rio Tinto’s site in Utah, United States, has become the first producer to…

Read More

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ICA’s members represent a majority of global copper production, and include many of the largest copper and copper-alloy fabricators. ICA’s status as a not-for-profit trade association provides its members with a credible, independent advocate to address challenges faced by the collective industry.

Learn more about ICAInquire about Membership

About ICA

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