From turbines to thermostats: Copper miners eye high-tech demand

Growing demand for smart thermostats, wind turbines and other high-tech devices is expected to keep copper the dominant material used in electrical components, industry players said, offsetting rising use of aluminum, a cheaper alternative to conduct electricity. That bodes well for the likes of Chilean producer Codelco, Rio Tinto and other major copper miners, who are investing billions of dollars to bring new supplies of the metal online during the next 20 years.