BHP Group Sounds Alarm on Copper Supply, AI and EV Growth Could Drive Prices Soaring: Report

BHP Group Sounds Alarm on Copper Supply, AI and EV Growth Could Drive Prices Soaring: Report

The rise in data centers and AI usage could drive global copper demand up by 3.4 million tonnes annually by 2050, reaching 52.5 million tonnes. BHP Group predicts a 72% increase from 2021.

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