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Evaluation of econometric models of secondary refined copper supply

Nilza Rivera, Juan Ignacio Guzmán, José Joaquín Jara and Gustavo Lagos

Resources Policy, 2021, vol. 73, issue C

Abstract: Copper is essential in attaining a sustainable development path due to its prominent role in the electromobility and renewable energy industries. In 2019 refined copper usage was 23.5 million tons, of which primary copper supplied 86.3%, and the remaining 13.7% was provided by secondary metal. In the future, copper recycling would increase significantly concerning primary copper supply to meet the goal of decreasing greenhouse gases emissions. Secondary copper production reduces energy consumption by 85% and greenhouse gas emissions by 65% compared to average primary sources.

Keywords: Secondary copper; Copper; Scrap; Econometric model (search for similar items in EconPapers)
JEL-codes: L72 Q24 Q31 (search for similar items in EconPapers)
Date: 2021
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DOI: 10.1016/j.resourpol.2021.102170

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