Decarbonization is expected to increase base-metal costs in the coming years, panelists said at the LME Week seminar in London.
Initial investments in new technology and infrastructure to produce more sustainable metals will push production costs higher, said Geordie Wilkes, head of research at Sucden Financial."We'll go through a period of high cost which will increase the cost curve," Wilkes said. "It is a massive investment to decarbonize the...