AI Set to Drive 50% Rise in Copper Demand by 2040

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AI-driven copper demand is expected to rise by 50% by 2040, potentially leading to a supply squeeze due to long lead times for new mines, with a projected demand-supply gap of 10 million tons.

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Market impact analysis based on bullish sentiment with 85% confidence.

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Bullish
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85%
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Artificial intelligence could boost global copper demand by as much as 50% in the years to 2040, which will cause a supply squeeze due to the long lead times on new mines. That’s according to S&P Global Energy and Market Intelligence, which released a special report on the issue today, warning that the gap between demand and supply could reach 10 million tons by 2040. Total copper demand could soar from 28 million tons in 2025 to 42 million tons in 2040, the S&P Global report’s authors, including Daniel Yergin, said. The general…

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المقال الأصلي منشور بواسطة OilPrice.com في يناير 8, 2026.
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