Report

Futures for Copper

June 6th 2012 - 12:00
Currently, metals are at the heart of fierce competition worldwide. The growing populations in especially emerging economies put much stress on raw materials security. Among them is copper, which is a widely used metal with currently high prices. Besides the growth in demand from the emerging economies, the energy transition towards a more sustainable energy mix leads to this high price.

HCSS, together with the Delft University of Technology, decided to publish this report to give insight in possible dynamics of the copper price and strategies to counteract undesirable dynamics. Therefore, several plausible dynamic scenarios are presented for the copper price. These scenarios were generated by focusing on the structure and dynamics of the copper system under deep uncertainty. Further, suggestions are given for strategies to counteract undesirable dynamics, which were tested for robustness in all scenarios.

Michel Rademaker is the Deputy Director of HCSS. He has a degree in Transport and Logistics, which he obtained at the University of Tilburg. He has fifteen years of hands-on experience as an officer in The Royal Netherlands Army, where he held various military operational and staff posts and also served a term in former Yugoslavia. After leaving the armed forces, Mr. Rademaker went on to work at the Netherlands Organisation for Applied Scientific Research (TNO) as a project and program manager and senior policy advisor for ten years.