Diversified miner Eurasian Resources Group (ERG) says the unprecedented levels of stimulus across the world are set to sustain the recovery in copper demand in the longer term, with the supply impact of the Covid-19 pandemic expected to extend beyond this year. Growth drivers include the digital economy, renewable energy and the fact that electric vehicles (EVs) are three to four times more copper intensive than conventional vehicles, CEO Benedikt Sobotka said on July 6.
