Nexans, a wire and cable manufacturer in Montreal, is increasing its use of recycled copper to meet the growing demand driven by the shift towards clean energy.

The company aims to reach 20% recycled content by melting down used copper wire and scrap to create copper rods.

Recycling copper is crucial for reducing environmental impact and meeting the rising need for clean electricity.

The industry is ramping up recycling efforts to address the increasing demand for copper, a vital component in powering modern society.

Experts emphasize the importance of recycling copper to increase supply, reduce energy consumption, and minimize environmental impacts associated with mining.

Telecommunications companies like AT&T are already investing in copper recycling, with estimates suggesting the potential for $7 billion worth of copper to be harvested in the next decade.

Despite challenges, recycling operations could yield a 30% profit at current prices, but the copper industry may struggle to keep up with demand, potentially leading to higher prices in the future.