Quentin Flannery’s Take on the Future of Copper

Quentin Flannery is an Australian investor and entrepreneur. His cross-cutting experience in the resources sector was firmly cemented during his tenure at Yancoal Australia Limited (ASX:YAL). While there, he was tasked with a $ 1BN revenue responsibility. During this milestone in his career, he was one of the youngest marketing managers in the Australian coal sector. In charge of Global Thermal Coal Sales, Quentin Flannery played a significant role in the giant firm. He steered Yancoal’s expansion across Asia and particularly in China. Through this expansion, Yancoal has become the largest listed pure-play coal producer in Australia.

 

In the sections below, we review Quentin Flannery’s insights on the future role of copper.

 

Is copper the new oil?

Analyzing the copper market dynamics has a significant bearing on the foreseeable future of its prices. Currently, the demand for copper is mostly standard. Moreover, Quentin Flannery points out, the grade of copper seems to be dwindling especially in Latin America’s largest operations. But that’s not all. Copper has equally exhibited certain strong signals for future uptake. According to Goldman Sachs, copper will play a significant role in the substitution of renewable energy sources for oil. Investors such as Quentin Flannery see it as a green metal, copper will aid much in decarbonisation of emissions triggered by climate change.

Achieving net zero emissions requires effective carbon capture and storage advancements. Copper might just come in handy as a critical instrument in electrification and renewable energy. According to Quentin Flannery, it is the most cost-effective conductive material. It is ideal for capturing, storing, and transporting both electricity and renewable energy. For the investor and activist Quentin Flannery, this green transition will therefore promote a spike in copper demand. The world is fast shifting its focus away from oil and gas. The alternative embraced is sustainable energy sources-solar, wind, and geothermal. This definitely means well for copper demand.