-
A Global Copper Crunch Is Looming
The International Energy Agency (IEA) expects a major copper deficit to emerge over the next decade, as demand for the metal rises sharply. Unless global mining for copper is expanded at an accelerated rate, demand could outstrip supply by as much as 30 percent. Meanwhile, several new copper powers are expected to emerge to counter Chinese dominance of the global copper market, with the development of new mining projects. There could be a supply shortage of copper by as much as 30 percent by 2035 as global demand increases, mainly owing to the energy transition and artificial intelligence development, the IEA’s ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
From miningweekly.com | Dec 7, 2025
Silver and copper have replaced gold as the hot metal trade heading into 2026, with institutional and retail traders positioning for record rallies. Silver has nearly doubled this year, with most gains occurring in the past two months due to a historic supply squeeze in the benchmark London market amid surging demand from India and silver-backed ...
From think.ing.com | Dec 8, 2025
Copper supply has seen a wave of disruptions this year, tightening the 2025 and 2026 balance, most recently Freeport’s declaration of force majeure at its giant Grasberg mine in Indonesia. Grasberg is the world’s second-largest copper mine, contributing around 4% of global production. Two minor mining areas recovered production as planned in November, while ...
From argusmedia.com | Dec 8, 2025
Australia's Mount Isa rail line remains shut after three locomotives and a wagon carrying zinc and copper derailed on 5 December. Repairs are underway and all freight is being held until further notice, Australian rail operator Queensland Rail told Argus on 8 December. The derailed freight was carrying zinc and copper from Glencore's operations in Mount Isa ...
