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Glimmer of hope for copper from Europe green energy target

Wed, 08/29/2012 - 7:25am
Reuters

LONDON (Reuters) - Expected growth in Europe's generation of renewable energy offers hope for copper demand, helping to offset a lack of appetite from builders and other traditional industrial users as economies slow.

Green energy projects such as wind farms, which use large amounts of copper, are set to grow as countries aim to meet a European Union target to obtain 20 percent of power from renewable sources by 2020.

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