We're securing Western copper supply by producing electrical-grade wire from 100% scrap using a breakthrough process that boosts conductivity and taps into 150Mt of underused copper scrap.

Problem

The world faces a growing copper shortage, with supply set to fall short by 6.5 Mt by 2035. Europe is especially vulnerable, already facing a 1.35 Mt smelting deficit and relying heavily on imports from Asian-controlled refining operations. Copper demand is projected to rise 70% by 2050, driven by clean technologies, which will account for half of 2030 demand. This gap threatens Europe’s economy—costing ~$13.5B annually—and its energy transition. With mining too slow and costly, recycled copper is the only scalable solution for Europe to secure a robust copper supply.

Solution

We are developing a wire-forming technology that enables the production of high-conductivity winding wires from lower-purity copper, unlocking vast secondary copper feedstock. By shifting away from the industry’s dependence on 99.95% purity copper, our innovation enhances conductivity through microstructural engineering, allowing the use of 99.5% purity copper while still achieving 99% IACS conductivity.

By lowering the minimum required purity, our solution unlocks over 150 Mt of landfill scrap globally; reduces costs; and, by eliminating smelting, enables more resilient Western supply chains.

Targeting the $30bn winding wire market with this breakthrough conductivity-enhancing technology, we will supply 100% recycled copper electrical winding wires to EV motor manufacturers, wind turbine manufacturers, and electrical component manufacturers.