🚨 A massive copper shortage is looming ahead — brace for impact! ⚡🔴
By 2040, the world could face a staggering 10 million tonne shortfall in copper supply — that’s roughly one-third of today’s total global consumption! 😱
Demand is set to skyrocket from around 28 million tonnes in 2025 to a whopping 42 million tonnes by 2040, powered by the explosive rise in electric vehicles 🚗⚡, renewable energy 🌞🌬️, massive power grid expansions 🔌, and widespread electrification everywhere! 📈
Main forces behind the surge:
• Asia will drive 60% of the extra demand 🌏💥
• Booming EV rollout + major electricity infrastructure upgrades are the big engines 🔥
• AI data centers alone are forecasted to boost copper needs by 127%, hitting 2.5 million tonnes by 2040 🤖🖥️
On the supply side — trouble brewing:
• Output is expected to top out at about 34 million tonnes around 2030, then slide down to roughly 32 million tonnes by 2040 📉⛏️
• This red metal is quickly turning into a vital strategic asset, absolutely essential for the future global economy! 🏭🌍
Copper is no longer just a commodity — it’s becoming the backbone of our electrified, AI-powered world… and the gap is widening fast! 💰🔥
