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NASDAQ reports that this year, record copper price is sparking a shift among manufacturers to another electricity-conducting metal: aluminum.
NASDAQ reports that this year, record copper price is sparking a shift among manufacturers to another electricity-conducting metal: aluminum.
The market news is quoted as saying:
The difference between the prices of copper and aluminum is now enough to cover the costs of retooling some manufacturing processes and pay for the extra aluminum it takes to conduct the same amount of electricity as copper.
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