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IEA Warns Copper Supply to Face 30% Deficit by 2035
The world faces a critical copper shortage within a decade that could derail global energy transition efforts and artificial intelligence expansion, the International Energy Agency warned at a United Kingdom summit this week. Shobhan Dhir, an IEA analyst specializing in critical minerals, told government and industry leaders that copper supply could fall 30% short of demand by 2035 based on current mining project pipelines. The deficit could widen to 40% under aggressive climate action scenarios. “Copper is the one we’re really concerned about,” Dhir said at the UK Critical Minerals Summit on Sunday. “This is ... (full story)
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- Dec 5, 2025 4:15pm Posted byFundamental Analysis360
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