Key Highlights
- S&P Global predicts a 50% increase in copper demand by 2040.
- The rise in demand is attributed to advancements in AI, defense, and robotics.
- Concerns are growing about a potential copper supply shortage.
Copper crunch ahead: AI boom set to push demand 50% higher by 2040
A new report by S&P Global warns of a significant increase in copper demand driven by the growth of artificial intelligence, defense, and robotics. It projects that global copper demand could rise by nearly 50% by 2040, raising concerns about a potential supply gap.
AI-driven copper demand set to surge by 2040
Credit: Firstpost
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Sources
This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.
