đ¨ JUST IN: đ A global copper shortage is forming
A structural copper deficit is emerging as demand growth overwhelms future supply, according to S&P Global.
KEY DATA:
⢠Demand: 28Mt today â 42Mt by 2040
⢠Supply: Peaks ~2030
⢠Deficit: ~10Mt annually (~30% of demand)
⢠Asia: 60% of demand growth (EVs + grid upgrades) $PAXG
⢠AI data centers: +127% demand to 2.5Mt
⢠Total demand: +50% by 2040 (AI + defense)
WHY IT MATTERS:
⢠Copper becomes the critical bottleneck metal for electrification and AI $AXS
⢠Mining + recycling canât scale fast enough
⢠Points to long-term price repricing and supply-chain stress $MIRA
BOTTOM LINE:
Copper Isnât Optional â Itâs Foundational.
If Supply Canât Keep Up, Price Has To Do The Work.



