Wire and cable demand expected to increase with green energy

With the increase in demand for environmentally friendly energy sources, electric vehicles become more common, increasing the demand for raw materials such as nickel and copper. While it is seen that automobile manufacturers accelerate their efforts to ensure the supply of these raw materials, Indonesia's nickel resources are becoming more popular day by day.

Copper demand expected to increase over the next decade

While an increase in copper demand is expected in the next decade, the demand for wire and cable is expected to increase with the increase in global solar and wind power generation. It is thought that the wire and cable industry will be positively affected by the growth of green energy-related industries in the coming years.