Copper Demand to Surge by 2035
According to Wood Mackenzie, global copper demand is expected to increase by 24% to 42.7 million tonnes per annum by 2035.
The key drivers of this demand surge are:
- the energy transition
- artificial intelligence infrastructure
- industrialisation of India and Southeast Asia
- increased defence spending
These factors will account for 40% of total demand growth, adding three million tonnes annually by 2035.
Copper demand from the renewable energy sector is projected to climb significantly.
Author's summary: Copper demand to increase by 24% by 2035.
More News
- Marshalltown Ansons team made city a ‘Baseball Town’
- Bangladesh inking deals with foreign companies to operate three ports
- Who knew that the public would end up supporting striking teachers? Not Danielle Smith and the UCP! - Alberta Politics
- Mateusz Gamrot Releases His First Statement Following His Loss To Charles Oliveira
- Who won fashion month SS26 on social media?
- Wilson is wrong about women’s rights and the 19th Amendment
- Solomon Named Big South Preseason Player of the Year; Bulldogs Picked Second in Preseason
- From Rails to Trails
- Electric Island Expands with Five Shows and a Massive Lineup