Commemorative
Traded ValuePreparing for the future copper shortage:
By 2040, the world is expected to face a copper supply gap of 10 million tons, equivalent to 33% of current demand.
Global copper demand is estimated to surge from 28 million tons in 2025 to 42 million tons by 2040.
Driven by large-scale adoption of electric vehicles and grid upgrades, Asia alone will account for 60% of the total demand growth. By 2040, copper demand for AI data centers will surge by 127% to 2.5 million tons.
Supply will peak at 34 million tons by 2030, then decline to 32 million tons by 2040.
Copper is the next global strategic commodity.
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
