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Time To Float The Energy

Copper Weekly Brief — Week Ending 29 May 2026

  Copper ended the week at historically elevated levels, with pricing still shaped more by tariff expectations, geopolitical tension and tight physical availability than by any single clean supply-demand signal.…

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Glencore Australia: Long-Term Copper Leadership, Regional Investment and Processing Strength

    As a long-term member of the International Copper Association Australia, Glencore Australia holds an important place in the nation’s copper value chain and broader resources sector. Across Queensland,…

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Copper Weekly Brief — Week Ending 22 May 2026

Copper ended the week elevated but below its mid-May peak, with the market correcting from the earlier spike above US$14,000/t before stabilising in the low-to-mid US$13,000s/t range. Trading Economics shows…

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Sandfire Resources – A great Australian copper story

    Sandfire Resources is a powerful example of how Australian copper producers are stepping up to meet the challenges of decarbonisation, supply security, and innovation – and how collaboration…

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March 24, 2022 · Clean Energy, General, John’s Blog

Energy is big news these days for all sorts of good and bad reasons, but a new report suggests we could be doing a lot more with offshore wind to decarbonise the world.

The Global Wind Energy Council-GWEC-has just published a snapshot setting out big opportunities for floating offshore wind for countries across the globe. And the Asia Pacific region features prominently.

South Korea and Japan are already mature offshore wind markets, but GWEC says the Philippines is part of ‘chasing pack’ of 5 countries that also includes Ireland, Italy, Morocco and the USA.

It’s still early days for the floating offshore wind sector, but the report makes it clear that the technology has huge potential in helping the world reach Net Zero by 2050.

The technical potential for floating offshore wind dwarfs that of fixed-bottom turbines because they suit deeper water where winds are more consistent. But they warn it needs political leadership and support to make it a reality.

GWIC outlines the sort of action and policies government can take to make it happen. For example the Philippines has sites with good resources located close to load centres, but tariffs and infrastructure could pose challenges without government action.

Australia currently doesn’t have any offshore wind farms floating or otherwise, but new national and state laws should help ease the bottleneck given that estimates suggest the sector has the potential to exceed the country’s entire electricity generation. 

A bunch of projects have now been announced with some including plans for floating turbines. Of course it will also depend on sustainably sourced Australian copper to power the turbines, undersea cables and grid connections, but we already have plenty of that.

Detail: https://gwec.net/report-outlines-enormous-potential-for-floating-offshore-wind-in-energy-transition/

Cheers, John Fennell

Featured

Copper Weekly Brief — Week Ending 29 May 2026

  Copper ended the week at historically elevated levels, with pricing still shaped more by tariff expectations, geopolitical tension and…

Read More

Glencore Australia: Long-Term Copper Leadership, Regional Investment and Processing Strength

    As a long-term member of the International Copper Association Australia, Glencore Australia holds an important place in the…

Read More

Copper Weekly Brief — Week Ending 22 May 2026

Copper ended the week elevated but below its mid-May peak, with the market correcting from the earlier spike above US$14,000/t…

Read More

Sandfire Resources – A great Australian copper story

    Sandfire Resources is a powerful example of how Australian copper producers are stepping up to meet the challenges…

Read More

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