Global copper supply projected to fall 30% short of demand by 2035, IEA warns

Energy watchdog says it is ‘time to sound alarm’ over future shortages of metal needed for low-carbon transitionDemand for copper, needed for the transition to a low-carbon world, will outstrip supply within the next decade, according to the global energy watchdog.Supplies of the metal, a key component of every form of electrical energy system at present, will fall 30% short of the amount required by 2035 if nothing is done, analysis by the International Energy Agency predicts. Continue reading...

May 21, 2025 - 07:00
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Global copper supply projected to fall 30% short of demand by 2035, IEA warns

Energy watchdog says it is ‘time to sound alarm’ over future shortages of metal needed for low-carbon transition

Demand for copper, needed for the transition to a low-carbon world, will outstrip supply within the next decade, according to the global energy watchdog.

Supplies of the metal, a key component of every form of electrical energy system at present, will fall 30% short of the amount required by 2035 if nothing is done, analysis by the International Energy Agency predicts. Continue reading...