Copper Shortage Threatens Green Energy Transition
Update: 2025-12-07
Description
The world is bracing for a potential 30% copper shortage by 2035, driven by the shift to renewable energy and AI. The International Energy Agency predicts a deficit of 150,000 metric tons in 2026, as production growth slows. Copper, essential for electronics and renewable technologies, is projected to reach a market value of nearly $14 billion by 2035. The shortage, exacerbated by mine closures and reduced processing fees, is prompting countries to invest in new mining and refining projects. However, the growing deficit and Chinas influence could disrupt global supply chains, potentially hindering the deployment of new renewable energy capacity.
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