Why is copper considered to be a very valuable natural resource
Copper is considered a valuable natural resource for several reasons:
1. High conductivity: Copper is an excellent conductor of electricity and heat, making it an essential material for a wide range of applications, from electrical wiring to electronics.
2. Durability: Copper is a highly durable metal that is resistant to corrosion and has a long lifespan, making it a valuable resource for infrastructure and construction projects.
3. Versatility: Copper is a versatile metal that can be easily shaped and formed into various products, including pipes, tubing, and wire.
4. Recyclability: Copper is a highly recyclable material, with an estimated 80-90% of all copper ever mined still in use today. This makes it a sustainable resource that can be reused and repurposed for future generations.
5. Economic value: Copper is a valuable commodity on the global market, with high demand from industries such as construction, electronics, and manufacturing. Its scarcity and limited availability also contribute to its high value.