The copper shortage began crystallising in late 2023.
business
M
Moneycontrol08-12-2025, 15:40

Copper Crisis: Soaring Prices Imperil AI & Green Energy Future

  • The world faces a copper crisis, with demand potentially exceeding supply by 30% within a decade, impacting AI and renewable energy.
  • Copper prices have surged over 32% this year, with European futures reaching $11,705/tonne, driven by inventory imbalances and supply disruptions.
  • US stockpiling due to tariff fears, along with mine shutdowns in Indonesia, Chile, and DRC, have exacerbated global shortages.
  • Rising copper costs could significantly hinder technological advancements in AI, EVs, and renewable energy, as well as climate initiatives.
  • China dominates refined copper production, raising geopolitical concerns about supply chain resilience and potentially destabilizing global markets.

Why It Matters: Copper shortage threatens AI, green energy, and global economic stability.

More like this

Loading more articles...