The global copper market is witnessing a shift, with emerging markets outside China poised to drive future demand growth. This surge is fueled by rapid urbanisation, growing populations, and rising incomes in these regions. While global demand for the metal grew by 2.5% in the first quarter of 2025, with significant contributions from China, the US and the European Union, refined copper demand in ex-China Asia experienced a slight decline. Despite this, long-term analysts remain bullish on the outlook for copper, anticipating continued strong demand. On the supply side, worldwide copper mine output is projected to ... (full story)