Copper supplies set to peak just as tech needs more
From theregister.com
Concerns are mounting over copper supplies, with a fresh study warning that demand will likely outstrip production within a decade, threatening to constrain global technological advancement.… Electrification of industry, electric vehicles, and the AI-driven boom in IT infrastructure are all fueling demand for copper, used for everything from cabling to chip interconnects. However, a study by financial analyst S&P Global estimates that worldwide production of the metal will peak in 2030 at 33 million metric tons, while demand is forecast to continue growing to reach 42 million metric tons by 2040 - a 50 percent ...
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