Energy Goals Are Impossible Without Copper Price Surge, Study Shows
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 30 2025
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Source: Benzinga
Copper Price and Production Needs: A study by the Society of Economic Geologists indicates that copper prices must more than double to over $20,000 per ton to meet the increasing demand driven by global development and energy transition efforts, as current production levels are insufficient.
Global Equity and Resource Management: The research highlights a potential copper shortage that could exacerbate inequalities, particularly affecting developing nations, and suggests prioritizing strategies that minimize copper use to ensure availability for both electrification and human development.
Analyst Views on ICOP
Wall Street analysts forecast ICOP stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ICOP is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
