Freeport-McMoRan confident in copper demand despite Iran conflict, CEO says

Freeport-McMoRan expects demand for copper for use in electrification, data centers and other high-tech areas to remain resilient despite market jitters tied to the Iran conflict, CEO Kathleen Quirk ‌told Reuters on Monday. Copper, one of the best electricity-conducting metals, is used worldwide in motors, computers, batteries and ‌wiring and is nicknamed "Dr. Copper" because demand for it is a barometer of global economic health.